Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of Burger King Holdings, Inc.
15 Septiembre 2010 - 7:50PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
Burger King Holdings, Inc. (“Burger King” or the “Company”)
(NYSE:BKC) related to the Company’s agreement to be acquired by 3G
Capital. The proposed all-cash transaction is valued at
approximately $4 billion, including assumed debt.
Under the terms of the definitive agreement entered into by the
parties, 3G Capital will pay Burger King shareholders $24.00 in
cash for each share of the Company’s common stock they own. It is
anticipated that 3G Capital will commence a tender offer for all of
the outstanding shares of Burger King no later than September 17,
2010. The transaction is expected to close in the fourth quarter of
2010. The investigation concerns possible breaches of fiduciary
duty and other violations of law related to approval of the
proposed transaction by Burger King’s board of directors.
If you are a shareholder of Burger King, 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 Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at 215-638-4847, Toll Free at
888-638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
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