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DLM Del Monte Foods Co.

18.99
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Del Monte Foods Co. NYSE:DLM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.99 0 01:00:00

Ryan & Maniskas, LLP Announces Investigation of Del Monte Foods Co.

29/11/2010 3:40pm

Business Wire


Del Monte (NYSE:DLM)
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From Jul 2019 to Jul 2024

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Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/dlm) is investigating potential claims against the board of directors of Del Monte Foods Co. ("Del Monte" or the "Company") (NYSE: DLM) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell Del Monte to an investor group comprised of Kohlberg Kravis Roberts & Co., Vestar Capital Partners, and Centerview Partners in a transaction valued at approximately $5.3 billion.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of Del Monte. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/dlm.

Under the terms of the proposed transaction, Del Monte shareholders are to receive $19.00 in cash for each share they own.

If you own shares of Del Monte 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/dlm. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

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.

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