INVESTOR ALERT: LEVI & KORSINSKY, LLP Announces Investigation of PACER INTERNATIONAL, INC. & Its Board of Directors In Relati...
06 Janvier 2014 - 9:35PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Pacer International, Inc. (“Pacer” or the “Company”) (Nasdaq: PACR)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to XPO
Logistics, Inc.
Click here to learn more about the action
http://zlk.9nl.com/pacer-international-pacr, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of transaction, Pacer shareholders will receive
$6.00 in cash and $3.00 of XPO Logistics, Inc. common stock for
each share of Pacer stock they own. The investigation concerns
whether the Pacer Board of Directors breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether XPO
Logistics, Inc. is underpaying for Pacer shares. In particular, at
least one analyst set a price target for Pacer stock at $10.00 per
share.
If you own Pacer common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit
http://zlk.9nl.com/pacer-international-pacr.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (866)
367-6510www.zlk.com
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