WAYNE, Pa., June 12, 2013 /PRNewswire/ -- Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/dole) is investigating potential claims against the board of directors of Dole Food Company Inc. ("Dole" or the "Company") (NYSE: DOLE) concerning possible breaches of fiduciary duty and other violations of law related to the receipt of a proposal to be acquired by the Company's Chairman of the Board and Chief Executive Officer, David H. Murdock, in a transaction valued at approximately $1.5 billion.
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The investigation concerns the Company's board of directors' process for consideration of the proposed transaction, whether Dole is acting in its shareholders' best interests and whether the proposed consideration to be paid to Dole's shareholders would be fair and adequate. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/dole.
Under the terms of the proposal, public shareholders of Dole will receive $12.00 per share in cash for each share of Dole they own.
If you own shares of Dole and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/dole. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
877-316-3218
www.rmclasslaw.com/cases/dole
rmaniskas@rmclasslaw.com
SOURCE Ryan & Maniskas, LLP