VITACOST.COM, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
04 7월 2014 - 4:20AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Vitacost.com,
Inc. (NASDAQ GS: VITC)?
- Did you purchase any of your shares
prior to July 2, 2014?
- Do you think the proposed buyout
price 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
Vitacost.com, Inc. (“Vitacost” or the “Company”) (NASDAQ GS: VITC)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by The Kroger Co. (“Kroger”) (NYSE: KR), in a
transaction valued at approximately $280 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/vitacost-com-inc-vitc.
Under the terms of the agreement, public shareholders of
Vitacost would receive $8.00 in cash for each share of Vitacost
they own.
The investigation concerns whether Vitacost’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Vitacost’s shareholders before entering into an agreement
with Kroger. According to Yahoo! Finance, at least one analyst has
issued a price target for Vitacost stock at $10.00 per share.
If you own the common stock of Vitacost and purchased your
shares before July 2, 2014, 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://www.rigrodskylong.com/investigations/vitacost-com-inc-vitc.
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.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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