CORRECTING and REPLACING Kendall Law Group Investigates Burger King Holdings, Inc. for Shareholders
September 02 2010 - 3:49PM
Business Wire
Second graph, first sentence should read: On September 2, 2010
the companies announced that the companies have entered into a
definitive merger agreement under which Burger King would be
acquired by 3G in a transaction valued at approximately $3.26
billion (sted $4 billion).
The corrected release reads:
KENDALL LAW GROUP INVESTIGATES BURGER KING HOLDINGS, INC. FOR
SHAREHOLDERS
Kendall Law Group, led by former federal judge Joe Kendall, is
investigating Burger King Holdings, Inc. (NYSE: BKC) for
shareholders in connection with the proposed acquisition by 3G, a
private equity firm. The national securities firm’s investigation
seeks to determine whether Burger King and its Board breached their
fiduciary duties by entering into the agreement without properly
shopping for a deal that would provide better value for
shareholders. If you are a Burger King shareholder and would like
additional information about your rights, contact the Kendall Law
Group at 877-744-3728 or by email at
skendall@kendalllawgroup.com.
On September 2, 2010 the companies announced that the companies
have entered into a definitive merger agreement under which Burger
King would be acquired by 3G in a transaction valued at
approximately $3.26 billion. Under the terms of the agreement,
Burger King stockholders will receive $24.00 in cash for each share
of Burger King /BKC common stock held. Burger King stock has traded
for more than $22.00 per share earlier in the year. Due to these
factors, the firm believes the transaction significantly
undervalues the company.
Kendall Law Group was founded by a former federal judge,
includes a former United States Attorney, prosecutors and
securities lawyers who are experienced in complex securities
litigation. The firm has been counsel in numerous merger and
acquisition cases nationwide, including some of the largest
transactions in the United States.
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