WeissLaw LLP Investigates Caribou Coffee Company Acquisition
NEW YORK -- December 17, 2012
WeissLaw LLP, a national class action and shareholder rights law firm with
offices in New York City and Los Angeles, is investigating possible breaches
of fiduciary duty and other violations of law by the Board of Directors of
Caribou Coffee Company (“Caribou” or the “Company”) (NASDAQ: CBOU) arising
from its agreement for Caribou to be acquired by the Joh. A. Benckiser Group
(“Benckiser”), in a transaction valued at approximately $340 million. Under
the terms of the proposed transaction Caribou shareholders will receive $16.00
in cash for each Caribou share they own.
WeissLaw LLP is investigating whether Caribou’s Board acted in the best
interests of its public shareholders by actively shopping the Company to
maximize shareholder value for Caribou’s public shareholders, prior to
entering into the proposed transaction with Benckiser. Data compiled by
Bloomberg shows that Caribou’s revenue is forecast to rise 35 percent this
year to $327 million. Additionally, at least one analyst set a price target
for Caribou stock at $20.00 per share. If you own Caribou shares and would
like more information about your rights as a shareholder or additional
information concerning our investigation, please contact Michael A. Rogovin
either by email at email@example.com or by telephone at (888) 593-4771.
WeissLaw LLP has litigated hundreds of stockholder class and derivative
actions for violations of corporate and fiduciary duties. We have recovered
over a billion dollars for defrauded institutions and individuals and obtained
important corporate governance in these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing (including
insider trading, waste of corporate assets, accounting fraud, or issuing
materially misleading information), consumer fraud (including false
advertising, defective products, or other deceptive business practices), or
anti-trust violations, please email us at firstname.lastname@example.org or fill out the
form on our website, http://www.weisslawllp.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar outcome.
Michael A. Rogovin, Esq.
1500 Broadway, 16^th Floor
New York, NY 10036
Press spacebar to pause and continue. Press esc to stop.