INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Keurig Green Mountain, Inc. And Encourages ...
December 10 2015 - 4:46PM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, has commenced an investigation into
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of Keurig Green Mountain, Inc.
(Nasdaq: GMCR) (“Keurig Green Mountain” or the “Company”) relating
to the proposed buyout of the Company by JAB Holding Company.
Under the terms of the agreement, Keurig Green Mountain
shareholders are anticipated to receive $92.00 in cash for each
share of Keurig Green Mountain common stock held, or a total equity
value of approximately $13.9 billion. The firm’s investigation
seeks to determine, among other things, whether the Company’s Board
of Directors failed to satisfy their duties to shareholders,
including whether the Board adequately pursued alternatives to the
acquisition and whether the Board obtained the best price possible
for the Company’s shares of common stock.
If you currently own common stock of Keurig Green Mountain and
believe that the proposed buyout price is too low, or you would
like to learn more about the investigation being conducted by
Brower Piven, please visit our website at
http://www.browerpiven.com/currentinvestigations.html. You may also
request more information by contacting Brower Piven either by email
at hoffman@browerpiven.com or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
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version on businesswire.com: http://www.businesswire.com/news/home/20151210006509/en/
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
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