BOISE INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Boise Inc. (BZ) In Connection With the Proposed Sal...
18 September 2013 - 1:00AM
Business Wire
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Boise Inc. (“Boise” or the
“Company”) (NYSE:BZ) for potential breaches of fiduciary duties in
connection with their conduct related to the sale of the Company to
Packaging Corp. of America (NYSE:PKG) in a cash deal valued at
$1.995 billion including the assumption of $714 million in Company
debt. Under the terms of the proposed transaction, Boise’s
stockholders will receive $12.55 for each share of Boise common
stock they own.
Request more information now by clicking here:
www.faruqilaw.com/BZ. There is no cost or
obligation to you.
The investigation focuses on whether Boise’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by
failing to conduct an adequate and fair sales process prior to
agreeing to this proposed transaction, whether and by how much this
proposed transaction undervalues the Company to the detriment of
Boise’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Boise and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/BZ or contact Juan E. Monteverde,
Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone
at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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