NEW YORK, Jan. 6, 2014
/PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the
Board of Directors of Pacer International, Inc. ("Pacer" or the
"Company") (NASDAQ: PACR) breached its fiduciary duty to its
shareholders in agreeing to sell Pacer to XPO Logistics, Inc.
(NYSE: XPO).
(Logo: http://photos.prnewswire.com/prnh/20120202/MM47134LOGO
)
Under the terms of the agreement, Pacer shareholders will
receive $6.00 in cash and
$3.00 of XPO Logistics, Inc. common
stock for each share they own. The investigation is focused
on the potential unfairness of the price to Pacer shareholders and
the process by which the Pacer Board of Directors considered and
approved the transaction.
If you are interested in discussing your rights as a Pacer
stockholder, with no obligation or cost to you, please contact
U. Seth Ottensoser at:
(877) 779-1414
or
Ottensoser@bernlieb.com.
Bernstein Liebhard LLP has pursued hundreds of securities,
consumer and shareholder rights cases and recovered over
$3 billion for its clients. It
has been named to The National Law Journal's "Plaintiffs'
Hot List" in each of the last eleven years.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2014 Bernstein Liebhard LLP. The
law firm responsible for this advertisement is Bernstein Liebhard
LLP, 10 East 40th Street, New York, New
York 10016, (212) 779-1414. The lawyer responsible for
this advertisement in the State of
Connecticut is Michael S. Bigin. Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
SOURCE Bernstein Liebhard LLP