Buyout Of Caribou - Law Firm Seeks A Higher Price For Shareholders
NEW YORK, Dec. 17, 2012 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities law firm, announces an investigation regarding the acquisition of Caribou Coffee Company, Inc. (CBOU). CBOU and the Joh. A. Benckiser Group (JAB) announced a definitive merger agreement under which an affiliate of JAB will acquire Caribou for $16.00 per share in cash, or a total of approximately $340 million.
The investigation concerns whether the Boards of Directors of CBOU engaged in self-dealing and have failed to act in the best interests of their respective shareholders in breach of their fiduciary duties. Indeed, at least eight independent wall street analysts have a consensus of the true takeover value of the company of at least $20 per share, and it is believed that senior management and certain directors will be joining JAB in obtaining an equity interest in the company.
If you are a shareholder of CBOU and would like to learn more about your rights and interests please contact us toll free at 877-772-3975 or email at firstname.lastname@example.org
SOURCE Tripp Levy PLLC
More by this Source
Management Buyout Of Dole - Law Firm Seeks Higher Price For Shareholders
Jun 11, 2013, 07:40 ET
Buyout Of True Religion - Law Firm Seeks Higher Price And More Information For Shareholders
May 10, 2013, 10:59 ET
Buyout Of BankAtlantic - Law Firm Seeks Higher Price For Shareholders
May 08, 2013, 11:18 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.