INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of The Hillshire Brands Company and Its Board of Directors In Connection With the Sale of the Company to Tyson Foods, Inc.
NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky is investigating the Board of Directors of The Hillshire Brands Company (“Hillshire” or “the Company”) (NYSE:HSH) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Tyson Foods, Inc. (“Tyson”) (NYSE: TSN).
Click here to learn more about the investigation: http://zlk.9nl.com/hillshire-brands-hsh, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Hillsire shareholders will receive $63.00 for each share of Hillshire they own. The transaction is valued at approximately $8.55 billion. The investigation concerns whether the Board of Hillshire breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Tyson is underpaying for Hillshire shares.
If you own Hillshire common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/hillshire-brands-hsh.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have recovered millions of dollars for shareholders and have extensive expertise in prosecuting securities litigation involving financial fraud and breaches of fiduciary duty throughout the nation. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.