AEP INDUSTRIES INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

Rigrodsky & Long, P.A.:
  • Do you own shares of AEP Industries Inc. (NASDAQ GS: AEPI )?
  • Did you purchase any of your shares prior to August 25, 2016?
  • Do you think the proposed buyout value is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of AEP Industries Inc. ("AEP" or the "Company") (NASDAQ GS: AEPI) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Berry Plastics Group, Inc. ("Berry") (NYSE: BERY), in a transaction valued at approximately $765 million.

Click here to learn more: http://rigrodskylong.com/investigations/aep-industries-inc-aepi.

Under the terms of the agreement, shareholders of AEP will elect to receive either $110.00 in cash or 2.5011 shares of Berry common stock for each share of AEP they own.

The investigation concerns whether AEP's board of directors failed to adequately shop the Company and obtain the best possible value for AEP's shareholders before entering into an agreement with Berry.

If you own the common stock of AEP and purchased your shares before August 25, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/aep-industries-inc-aepi.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

If you liked this article you might like

10 Sectors That Will Profit Big-Time From Oil's Crash

3 Small Companies to Consider If You're Patient and Aggressive

Analysts' Actions -- General Mills, Priceline, Pulte, Yelp and More

AEP Industries (AEPI) Weak On High Volume Today

3 Consumer Non-Durables Stocks Nudging The Industry Higher