Ryan & Maniskas, LLP ( www.rmclasslaw.com/cases/rah) is investigating potential claims against 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. in a deal valued at approximately $6.8 billion. Our investigation concerns possible breaches of fiduciary duty and other violations of law related to the approval of the transaction by the Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of Ralcorp. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at firstname.lastname@example.org or visit: www.rmclasslaw.com/cases/rah Under the terms of the proposed transaction, Ralcorp’s stockholders will receive $90 in cash for each share of Ralcorp’s common stock they own. If you own shares of Ralcorp and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/rah. You may also email Mr. Maniskas at email@example.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com. Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
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.