Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Caribou
Coffee Company, Inc. (CBOU)
NEW YORK -- December 18, 2012
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New
York City, is investigating the Board of Directors of Caribou Coffee Company,
Inc. (“Caribou” or the “Company”) (NasdaqGS: CBOU) for potential breaches of
fiduciary duties in connection with their conduct related to the sale of the
Company to Joh. A. Benckiser (“JAB”) in an all-cash transaction valued at
approximately $293 million. Under the terms of the proposed transaction,
Caribou’s stockholders will receive $16.00 in cash for each share of Caribou’s
common stock they own, while according to Yahoo! Finance, at least one
financial analyst has set a price target of $20 for Caribou.
Request more information now by clicking here: www.faruqilaw.com/CBOU. There
is no cost or obligation to you.
The investigation focuses on whether Caribou’s Board of Directors breached
their fiduciary duties to the Company’s stockholders by failing to conduct an
adequate and fair sales process prior to agreeing to this proposed
transaction, whether and by how much this proposed transaction undervalues the
Company to the detriment of Caribou’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents investors and
individuals in class action litigation. The firm is focused on providing
exemplary legal services in complex litigation in the areas of securities,
shareholder, antitrust and consumer litigation, throughout all phases of
litigation. The firm has an experienced trial team which has achieved
significant victories on behalf of the firm’s clients.
If you own common stock in Caribou and wish to obtain additional information
and protect your investments free of charge, please visit us at
www.faruqilaw.com/CBOU or contact Juan E. Monteverde, Esq. either via e-mail
at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212)
Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm responsible
for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior
results do not guarantee or predict a similar outcome with respect to any
future matter. We are happy to discuss your particular case.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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