Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Boise Inc. ("Boise" or the "Company") (NYSE: BZ) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Packaging Corporation of America ("PKG") (NYSE: PKG) in a transaction valued at approximately $1.995 billion.
Under the terms of the agreement, public shareholders of Boise will receive $12.55 per share in cash for each share of Boise they own.
The investigation concerns whether Boise's board of directors failed to adequately shop the Company and obtain the best possible value for Boise's shareholders before entering into an agreement with PKG.
If you own the common stock of Boise and purchased your shares before September 16, 2013, 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 Rigrodsky or Shaye Fuchs at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail to email@example.com, or at: http://www.rigrodskylong.com/investigations/boise-inc-bz/.