ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

NAFC Nash-Finch Company (MM)

28.29
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nash-Finch Company (MM) NASDAQ:NAFC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 28.29 0 01:00:00

Rigrodsky & Long, P.A. Announces Investigation Of Nash-Finch Company Buyout

25/07/2013 11:34pm

Business Wire


Nash Finch (NASDAQ:NAFC)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Nash Finch Charts.

Rigrodsky & Long, P.A.:

  • Do you own shares of Nash-Finch Company (NASDAQ GS: NAFC)?
  • Did you purchase any of your shares prior to July 22, 2013?
  • 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 Nash-Finch Company (“Nash-Finch” or the “Company”) (NASDAQ GS: NAFC) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Spartan Stores, Inc. (“Spartan”) (NASDAQ GS: SPTN) in a transaction valued at approximately $1.3 billion, including the assumption of debt.

Click here to learn more: http://www.rigrodskylong.com/investigations/nash-finch-company-nafc.

Under the terms of the agreement, public shareholders of Nash-Finch will receive 1.20 shares of Spartan for each share of Nash-Finch they own. Based on Spartan’s closing price prior to the announcement of the proposed transaction, Nash-Finch shareholders would have received consideration valued at approximately $25.44 per share.

The investigation concerns whether Nash-Finch’s board of directors failed to adequately shop the Company and obtain the best possible value for Nash-Finch’s shareholders before entering into an agreement with Spartan.

If you own the common stock of Nash-Finch and purchased your shares before July 22, 2013, 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 Rigrodsky or Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://www.rigrodskylong.com/investigations/nash-finch-company-nafc.

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.

1 Year Nash Finch Chart

1 Year Nash Finch Chart

1 Month Nash Finch Chart

1 Month Nash Finch Chart

Your Recent History

Delayed Upgrade Clock