Thieler Law Corp Announces Investigation of proposed Sale of AEP Industries Inc (NASDAQ: AEPI) to Berry Plastics Group Inc (NYSE: BERY)

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of AEP Industries Inc (NASDAQ: AEPI) acted responsibly on behalf of investors’ profitability in the planned $765 million sale to Berry Plastics Group Inc (NYSE: BERY).

On August 25, 2016, AEP Industries Inc (NASDAQ: AEPI) and Berry Plastics Group Inc (NYSE: BERY) announced that they had entered into a merger agreement. Under the terms of the merger agreement, AEP Industries shareholders may elect to receive $110 in cash or 2.5011 shares of Berry common stock for each AEP Industries share they own, subject to an overall 50/50 proration.

Based in Montvale, New Jersey, and founded in 1970 AEP Industries Inc manufactures and distributes plastic consumer packaging and engineered materials.

The investigation focuses on whether NASDAQ: AEPI investors received the highest price and whether the directors of AEP Industries Inc acted in the best interest of AEP Industries Inc company and its shareholders.   

If you purchased AEP Industries Inc (NASDAQ: AEPI) prior to August 25, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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