INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Popeyes Louisiana Kitchen, Inc. And Encourages Shareholders To Contact The Firm For Additional Information
POPEYES LOUISIANA KITCHEN (PLKI)
US:NASDAQ Investor Relations:
rbi.com
Company Research
Source: Business Wire
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Popeyes Louisiana Kitchen, Inc. (Nasdaq: PLKI) (“Popeyes” or the “Company”) relating to the proposed buyout of Popeyes by Restaurant Brands International Inc. Under the terms of the agreement, Popeyes shareholders are anticipated to receive $79.00 in cash for each share of Popeyes common stock held. The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company’s shares of common stock. If you currently own common s
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