SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of Ralcorp Holdings Inc. In Connection With The Sale Of The Company To ConAgra Foods Inc.
Levi & Korsinsky is investigating the Board of Directors of Ralcorp
Levi & Korsinsky is investigating the Board of Directors of Ralcorp Holdings Inc. (“Ralcorp” or the “Company”) (NYSE: RAH) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to ConAgra Foods Inc. (NYSE: CAG). Click here to learn more about the investigation: http://zlk.9nl.com/ralcorp-holdings-rah/, or call: 877-363-5972. There is no cost or obligation to you. Under the terms of the transaction, Ralcorp shareholders will receive $90.00 for each share of Ralcorp stock they own. The transaction has a total approximate value of $6.8 billion, including the assumption of debt. The investigation concerns whether the Ralcorp Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether ConAgra Foods Inc. is underpaying for Ralcorp shares, thus unlawfully harming Ralcorp stockholders. If you own common stock in Ralcorp and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/ralcorp-holdings-rah/. Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Ralcorp Holdings Incorporated (NYSE:RAH) hit a new 52-week high Friday as it is currently trading at $89.88, above its previous 52-week high of $89.86 with 137,495 shares traded as of 9:35 a.m. ET. Average volume has been 1.4 million shares over the past 30 days.