Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Buffalo Wild Wings Inc (NASDAQ: BWLD) acted responsibly on behalf of investors’ profitability in the planned $2.9 billion sale to Arby's Restaurant Group Inc.
On November 28, 2017, Buffalo Wild Wings Inc (NASDAQ: BWLD) and Arby's Restaurant Group Inc announced that they had entered into a merger agreement. Under the terms of the merger agreement, Arby's will offer Buffalo Wild Wings shareholders $157 per share in cash for all outstanding shares.
Based in Minneapolis, Minnesota, and founded in 1982 Buffalo Wild Wings Inc owns, operates, and franchises restaurants under Buffalo Wild Wings, R Taco, and PizzaRev names.
The investigation is looking to uncover whether Buffalo Wild Wings Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $160 per share.
If you purchased Buffalo Wild Wings Inc (NASDAQ: BWLD) prior to November 28, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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