CST BRANDS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
August 22 2016 - 10:49AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of CST Brands,
Inc. (NYSE: CST)?
- Did you purchase any of your shares
prior to August 22, 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 CST
Brands, Inc. (“CST” or the “Company”) (NYSE: CST) regarding
possible breaches of fiduciary duties and other violations of law
related to the Company’s entry into an agreement to be acquired by
Alimentation Couche-Tard Inc. (“Couche-Tard”), in a transaction
valued at approximately $4.4 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/cst-brands-inc-cst.
Under the terms of the agreement, shareholders of CST will
receive $48.53 in cash for each share of CST common stock.
The investigation concerns whether CST’s board of directors
failed to adequately shop the Company and obtain the best possible
value for CST shareholders before entering into an agreement with
Couche-Tard.
If you own the common stock of CST and purchased your shares
before August 22, 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/cst-brands-inc-cst.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160822005642/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra(888)
969-4242(302) 295-5310Fax: (302)
654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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