Law Firm Brower Piven Announces Investigation of Boise, Inc. Proposed Buyout
16 September 2013 - 8:04PM
Business Wire
The securities litigation firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches
of fiduciary duty to current shareholders of Boise, Inc. (“Boise”
or the “Company”) (NYSE: BZ) and other violations of state law by
the board of directors of Boise relating to the proposed buyout of
the Company by Packaging Corporation of America. The firm’s
investigation seeks to determine, among other things, whether the
board of directors of Boise breached their fiduciary duties by
failing to maximize shareholder value.
According to the press release announcing the proposed buyout,
Boise shareholders will receive $12.55 per share in cash for each
share of Boise common stock they own.
If you currently own common stock of Boise and would like to
learn more about the investigation being conducted by Brower Piven,
you may email or call Brower Piven, who will, without obligation or
cost to you, attempt to answer your questions. You may contact
Brower Piven by email at hoffman@browerpiven.com, by calling (410)
415-6616, or at Brower Piven, A Professional Corporation, 1925 Old
Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven
have combined experience litigating securities and other class
action cases of over 60 years.
Brower Piven, A Professional CorporationStevenson,
MarylandCharles J. Piven, 410-415-6616hoffman@browerpiven.com
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