ROUNDY’S, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
11 Novembre 2015 - 6:22PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Roundy’s Inc.
(NYSE: RNDY)?
- Did you purchase any of your shares
prior to November 11, 2015?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Roundy’s,
Inc. (“Roundy’s” or the “Company”) (NYSE: RNDY) regarding possible
breaches of fiduciary duties and other violations of law related to
the Company’s entry into an agreement to be acquired by The Kroger
Co. (“Kroger”) (NYSE: KR), in a transaction valued at approximately
$800 million.
Click here to learn more:
http://rigrodskylong.com/investigations/roundys-inc-rndy.
Under the terms of the agreement, shareholders of Roundy’s will
receive $3.60 in cash for each share of Roundy’s common stock.
The investigation concerns whether Roundy’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Roundy’s shareholders before entering into an agreement
with Kroger. According to Yahoo! Finance, at least one analyst has
issued a price target for Roundy’s stock at $5.00 per share.
If you own the common stock of Roundy’s and purchased your
shares before November 11, 2015, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/roundys-inc-rndy.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20151111006183/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
(NYSE:RNDY)
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