AEP INDUSTRIES INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
August 26 2016 - 12:11PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of AEP Industries
Inc. (NASDAQ GS: AEPI)?
- Did you purchase any of your shares
prior to August 25, 2016?
- Do you think the proposed buyout
value is too low?
- 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 AEP
Industries Inc. (“AEP” or the “Company”) (NASDAQ GS: AEPI)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Berry Plastics Group, Inc. (“Berry”) (NYSE:
BERY), in a transaction valued at approximately $765 million.
Click here to learn more:
http://rigrodskylong.com/investigations/aep-industries-inc-aepi.
Under the terms of the agreement, shareholders of AEP will elect
to receive either $110.00 in cash or 2.5011 shares of Berry common
stock for each share of AEP they own.
The investigation concerns whether AEP’s board of directors
failed to adequately shop the Company and obtain the best possible
value for AEP’s shareholders before entering into an agreement with
Berry.
If you own the common stock of AEP and purchased your shares
before August 25, 2016, if you have information or would like to
learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/aep-industries-inc-aepi.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160826005500/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
Aep (NASDAQ:AEPI)
Historical Stock Chart
From Aug 2024 to Sep 2024
Aep (NASDAQ:AEPI)
Historical Stock Chart
From Sep 2023 to Sep 2024