Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Caribou Coffee Company, Inc. (CBOU)
18 Dezembro 2012 - 8:21PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Caribou Coffee Company, Inc. (“Caribou” or the
“Company”) (NasdaqGS: CBOU) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the
Company to Joh. A. Benckiser (“JAB”) in an all-cash transaction
valued at approximately $293 million. Under the terms of the
proposed transaction, Caribou’s stockholders will receive $16.00 in
cash for each share of Caribou’s common stock they own, while
according to Yahoo! Finance, at least one financial analyst has set
a price target of $20 for Caribou.
Request more information now by clicking here:
www.faruqilaw.com/CBOU. There is no cost or
obligation to you.
The investigation focuses on whether Caribou’s Board of
Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct an adequate and fair sales
process prior to agreeing to this proposed transaction, whether and
by how much this proposed transaction undervalues the Company to
the detriment of Caribou’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Caribou and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/CBOU or contact Juan E. Monteverde,
Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone
at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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