WAYNE, Pa., Jan. 7, 2014 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of Pacer International, Inc. ("Pacer" or the
"Company") (NASDAQ: PACR) concerning possible breaches of fiduciary
duty and other violations of law related to the Company's efforts
to sell the Company to XPO Logistics in a cash and stock deal
valued at approximately $335
million.
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If you own shares of Pacer and would like to learn more about
these claims or if you wish to discuss these matters and have any
questions concerning this announcement or your rights, contact
Richard A. Maniskas, Esquire
toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/pacr. You may also email Mr.
Maniskas at rmaniskas@rmclasslaw.com.
Under the terms of the proposed transaction, Pacer stockholders
will receive $6.00 in cash and
$3.00 of XPO Logistics common stock
for each share of Pacer common stock they own.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by Pacer's Board of Directors for
not acting in the Company's shareholders' best interests in
connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide. To learn more
about the class action process, please visit:
www.rmclasslaw.com.
CONTACT:
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Ryan &
Maniskas, LLP
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Richard A.
Maniskas, Esquire
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995 Old Eagle
School Rd., Suite 311
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Wayne, PA
19087
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877-316-3218
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www.rmclasslaw.com/cases/pacr
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rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP