SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Krispy Kreme Doughnuts, Inc. Buyout
Rigrodsky & Long, P.A.:
-
Do you own shares of Krispy Kreme Doughnuts, Inc. (NYSE: KKD)?
- Did you purchase any of your shares prior to May 9, 2016?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of
directors of Krispy Kreme Doughnuts, Inc. (“Krispy Kreme” or the “Company”) (NYSE: KKD) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry
into an agreement to be acquired by JAB Beech Inc. (“JAB”), in a transaction valued at approximately $1.35 billion.
Click here to learn more: http://rigrodskylong.com/investigations/krispy-kreme-doughnuts-inc-kkd.
Under the terms of the agreement, shareholders of Krispy Kreme will receive $21.00 in cash for each share of Krispy Kreme common
stock.
The investigation concerns whether Krispy Kreme’s board of directors failed to adequately shop the Company and obtain the best
possible value for Krispy Kreme shareholders before entering into an agreement with JAB. According to Yahoo! Finance, at
least one analyst has issued a price target for Krispy Kreme stock at $24.00 per share.
If you own the common stock of Krispy Kreme and purchased your shares before May 9, 2016, if you have information or would like
to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/krispy-kreme-doughnuts-inc-kkd.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes
securities class, derivative and direct actions, shareholder rights litigation and corporate governance
litigation, on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
888-969-4242
302-295-5310
Fax: 302-654-7530
info@rl-legal.com
http://www.rigrodskylong.com
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