The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

Buyout Of Heinz - Law Firm Seeks Higher Price For Shareholders

Thursday, February 14, 2013

Buyout Of Heinz - Law Firm Seeks Higher Price For Shareholders08:30 EST Thursday, February 14, 2013NEW YORK, Feb. 14, 2013 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it has been retained to represent shareholders of Heinz.  H.J. Heinz Company (NYSE: HNZ) ("Heinz") today announced that it has entered into a definitive merger agreement to be acquired by an investment consortium comprised of Berkshire Hathaway and 3G Capital. Under the terms of the agreement, Heinz shareholders will receive $72.50 in cash for each share of common stock they own.The investigation concerns whether the board of directors of Heinz engaged in a full and fair auction for the company obtaining the highest price possible for shareholders while not obtaining personal benefits for themselves in selling to this investment consortium at this price. If you own Heinz common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact Tripp Levy Tripp Levy PLLC 125 East 82nd Street 9th Floor New York, New York Toll Free: 877-772-3975 Email: contact@tripplevy.comTripp Levy PLLC is a national law firm that specializes in mergers & acquisitions, takeover litigation, shareholder rights, and corporate governance matters in state and federal courts throughout the United States. Attorney advertising. Prior results do not guarantee a similar outcome. Contacts Tripp Levy PLLCTripp Levy, 877-772-3975contact@tripplevy.comSOURCE Tripp Levy PLLC