PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Banking & Financial Services  | Legal Issues

BOISE INC. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by Board of Boise Inc. In Connection With Sale Of Company to Packaging Corporation of America

Share with Twitter Share with LinkedIn

NEW YORK, Sept. 17, 2013 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Boise Inc. ("Boise" or the "Company") (NYSE: BZ) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Packaging Corporation of America (NYSE: PKG).

(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO )

Click here to learn more about the investigation http://zlk.9nl.com/boise-bz/, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Boise shareholders will receive $12.55 for each share of Boise stock they own. The transaction has a total approximate value of $1.995 billion, including the assumption of debt. The investigation concerns whether the Boise Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter this transaction, and whether Packaging Corporation of America is underpaying for Boise shares.

If you own Boise 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/boise-bz/.  

Levi & Korsinsky is a national firm with offices in New York, New Jersey and Washington D.C. The firm has 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.

CONTACT:    
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor 
New York, NY 10004 
Tel: (212) 363-7500
Toll Free:  (877) 363-5972
Fax: (212) 363-7171
www.zlk.com 

SOURCE Levi & Korsinsky, LLP



RELATED LINKS
http://www.zlk.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release