NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Deltic Timber Corporation (NYSE:DEL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Potlatch Corporation (NASDAQ: PCH). Under the terms of the deal, Deltic shareholders will receive 1.80 common shares of Potlatch stock for each share of Deltic stock they own.
The investigation concerns whether the Deltic Board of Directors breached their fiduciary duties to Deltic stockholders by failing to adequately shop the Company before entering into this transaction and whether Potlatch Corporation is underpaying for Deltic shares, thus unlawfully harming Deltic stockholders.
If you own common stock in Deltic and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or http://docs.wongesq.com/DEL-Info-Request-Form-1720.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.