NEW YORK, Sept. 17, 2013 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Boise Inc.
("Boise" or the "Company") (NYSE:
BZ) for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Packaging
Corporation of America (NYSE: PKG).
(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO
)
Click here to learn more about the investigation
http://zlk.9nl.com/boise-bz/, or call: 877-363-5972. There
is no cost or obligation to you.
Under the terms of the transaction, Boise shareholders will receive $12.55 for each share of Boise stock they own. The transaction has a
total approximate value of $1.995
billion, including the assumption of debt. The investigation
concerns whether the Boise Board
of Directors breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
this transaction, and whether Packaging Corporation of America is
underpaying for Boise shares.
If you own Boise common stock
and wish to obtain additional information, please contact
Joseph E. Levi, Esq. either via
email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/boise-bz/.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities
and shareholder lawsuits. For more information, please feel free to
contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP