Kendall Law Group Investigates Del Monte Foods Co. Acquisition for Shareholders

Kendall Law Group, a national securities firm led by a former federal judge, is investigating Del Monte Foods Co. (NYSE:DLM) for shareholders in connection with the proposed acquisition by Kohlberg Kravis Roberts, Vestar Capital Partners and Centerview Partners. The firm is investigating whether Del Monte properly shopped the Company prior to entering into the agreement. This possible breach of fiduciary duty may have kept the Company from reaching a deal that would provide better value of the Company. If you are a Del Monte shareholder and would like additional information about your rights, you are encouraged to contact the Kendall Law Group at 877-744-3728, or by email at [e-mail].

On November 25, 2010, Del Monte announced the definitive merger agreement under which Del Monte would be acquired by Kohlberg Kravis Roberts, Vestar Capital Partners and Centerview Partners in a transaction valued at approximately $4 billion. Under the terms of the agreement, Del Monte/DLM shareholders would receive $19.00 per share for each share of common stock held. According to Thompson/First Call, at least one analyst has set a price target of $22.00 per share for Del Monte stock. The firm believes the transaction may be undervaluing the company.

Kendall Law Group was founded by former federal judge Joe Kendall, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.