WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Pinnacle Foods Inc. (NYSE: PF)?
- Did you purchase any of your shares prior to June 27, 2018?
- Do you think the proposed merger is fair?
- 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 Pinnacle Foods Inc. (“Pinnacle” or the “Company”) (NYSE: PF) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with Conagra Brands, Inc. (“Conagra”) (NYSE: CAG) in a transaction valued at approximately $10.9 billion. Under the terms of the agreement, shareholders of Pinnacle will receive $43.11 per share in cash and 0.6494 shares of Conagra common stock for each share of Pinnacle held.
If you own common stock of Pinnacle and purchased any shares before June 27, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at firstname.lastname@example.org.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware, Garden City, New York, and San Francisco, California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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