Wohl & Fruchter Commences Investigation into Merger Between Graham Packaging and Silgan Holdings

The law firm of Wohl & Fruchter LLP has commenced an investigation into whether the directors of Graham Packaging (NYSE: GRM) (“Graham”) breached their fiduciary duties to shareholders by approving a merger with Silgan Holdings (NASDAQ: SLGN) (“Silgan”).

On April 13, 2011, Silgan announced that it had entered into a merger agreement to acquire Graham. Under the agreement, Graham shareholders will receive $4.75 in cash, and 0.402 shares of Silgan common stock for each of their Graham shares. The transaction is valued at $4.1 billion.

Wohl & Fruchter’s investigation concerns whether approval of the merger was improperly motivated by conflicts of interest created by a contemporaneous agreement for Silgan to pay $245 million in cash to an affiliate of the majority shareholder of Graham (The Blackstone Group), and the Graham family.

Additional information is available at http://www.wohlfruchter.com.

Persons with relevant information, and Graham shareholders with questions about this investigation, are invited to contact our Firm.

About Wohl & Fruchter

Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

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