Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,417.53 -0.15 -0.00%
TOPIX 1,166.59 0.04 0.00%
HANG SENG 22,760.24 64.23 0.28%

Heinz Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Berkshire Hathaway and 3G Capital



  Heinz Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate
  Sale to Berkshire Hathaway and 3G Capital

Business Wire

DALLAS -- February 14, 2013

Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor, LLP are
investigating the sale of H.J. Heinz Company (“Heinz”) (NYSE: HNZ) to
Berkshire Hathaway and 3G Capital for shareholders. Under the terms of the
proposed deal valued at approximately $28 billion (including the assumption of
debt), Heinz shareholders will receive $72.50 in cash for each share of Heinz
stock owned.

If you are an affected investor, and you want to learn more about the lawsuit
or join the action, please contact Willie Briscoe at The Briscoe Law Firm,
PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zach
Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at
zach@powerstaylor.com. There is no cost or fee to you.

The Heinz sale investigation centers on whether Heinz’s shareholders are
receiving adequate compensation for their shares in the proposed going private
deal, whether the transaction undervalues Heinz’s stock, and whether Heinz’s
board attempted to obtain the highest share price for all shareholders prior
to agreeing to the deal. According to shareholder rights attorney Patrick
Powers, “Based on the size of the deal, the proposed sale price and other
factors, we believe this transaction may undervalue Heinz’s stock. Our
proposed lawsuit will seek to obtain the highest share price for all
shareholders.”

The Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience in
complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of
complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits, and
security class actions.

Contact:

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement