WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Mead Johnson Nutrition Company (NYSE: MJN)?
- Did you purchase any of your shares prior to February 10, 2017?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Mead Johnson Nutrition Company (“Mead Johnson” or the “Company”) (NYSE: MJN) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Reckitt Benckiser Group plc (“Reckitt Benckiser”) (OTC PINK: RBGLY), in a transaction valued at approximately $17.9 billion.
Click here to learn more: http://rigrodskylong.com/investigations/mead-johnson-nutrition-company-mjn.
Under the terms of the agreement, shareholders of Mead Johnson will receive $90.00 in cash for each share of Mead Johnson common stock.
The investigation concerns whether Mead Johnson’s board of directors failed to adequately shop the Company and obtain the best possible value for Mead Johnson shareholders before entering into an agreement with Reckitt Benckiser.
If you own the common stock of Mead Johnson and purchased your shares before February 10, 2017, 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 D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to firstname.lastname@example.org, or at: http://rigrodskylong.com/investigations/mead-johnson-nutrition-company-mjn.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
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