Ralcorp Holdings, Inc. Shareholder Alert: Bernstein Liebhard LLP Announces Investigation of Acquisition by ConAgra Foods, Inc.
NEW YORK, Nov. 27, 2012 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the Board of Directors of Ralcorp Holdings, Inc. ("Ralcorp" or the "Company") (NYSE: RAH) breached its fiduciary duty to its shareholders in agreeing to sell Ralcorp to ConAgra Foods, Inc. (NYSE: CAG).
Under the terms of the agreement, Ralcorp shareholders will receive $90.00 in cash for each share they own. The investigation is focused on the potential unfairness of the price to Ralcorp shareholders and the process by which the Ralcorp Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as a Ralcorp stockholder, with no obligation or cost to you, please contact U. Seth Ottensoser at:
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. It has been named to The National Law Journal's "Plaintiffs' Hot List" in each of the last ten years.
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SOURCE Bernstein Liebhard LLP