BALA CYNWYD, Pa.--(BUSINESS WIRE)--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Plum Creek Timber Company, Inc. ("Plum Creek” or "the Company") (NYSE: PCL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Weyerhaeuser Co. (“Weyerhaeuser”).
Click here to learn more about the investigation http://brodsky-smith.com/999-pcl-plum-creek-timber-company-inc.html, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Plum Creek shareholders will receive only 1.6 shares of Weyerhaeuser for each share of Plum Creek stock they own. The transaction values Plum Creek at only approximately $48.64 per share. The investigation concerns whether the Board of Plum Creek breached their fiduciary duties to shareholders and whether Weyerhaeuser is underpaying for Plum Creek. The transaction may undervalue Plum Creek and will result in a loss or no real gain for many Plum Creek shareholders. For example, an analyst has set a price target for Plum Creek stock at $50.00 per share and Plum Creek stock has traded at or above the offer price in the last three years.
If you own shares of Plum Creek stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://brodsky-smith.com/999-pcl-plum-creek-timber-company-inc.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.