LawFuel.com – Kirby McInerney LLP is investigating potential claims against the Board of Directors of Pinnacle Foods Inc. (“Pinnacle” or the “Company”) PF +13.20% concerning the proposed acquisition of the Company by The Hillshire Brands Company (“Hillshire”) HSH -3.22% . Under the terms of the definitive merger agreement, Pinnacle stockholders will receive $18.00 in cash and .50 shares of Hillshire common stock for each share of Pinnacle common stock they own.
The investigation concerns whether the Pinnacle Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.
If you are a Pinnacle stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at [email protected] , by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form . There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com .