Kendall Law Group Investigates Lance, Inc. Merger For Shareholders

Kendall Law Group, led by a former federal judge and a former U.S. Attorney, is investigating Lance, Inc. (NASDAQ: LNCE) for shareholders in connection with the proposed merger with Snyder’s. The national securities firm’s investigation seeks to determine whether Lance 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 Lance 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.

Lance and privately held pretzel maker Snyder's of Hanover recently announced plans to combine in a merger of equals. The deal, which is expected to close this fall, provides Lance holders with a one-time payout of $3.75 in the form of a special cash dividend. The all-stock transaction will divide ownership of the new company, Snyder's-Lance Inc., with Snyder's shareholders owning 50.1 percent and Lance shareholders 49.9 owning percent of the combined company.

Kendall Law Group was founded by former federal judge Joe Kendall and includes a former United States Attorney, as well as 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.

Copyright Business Wire 2010

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