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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Frisch's Restaurants Inc (NYSE: FRS) acted responsibly on behalf of investors’ profitability in the planned $175 million sale to NRD Partners I, LP.
On May 22, 2015, Frisch's Restaurants Inc (NYSE: FRS) and NRD Partners I, LP announced that they had entered into a merger agreement. Under the terms of the merger agreement, NRD will offer Frisch shareholders $34.00 per share in cash for all outstanding shares.
Based in Cincinnati, OH, and founded in 1925 Frisch's Restaurants Inc is an operator of full service family-style restaurants under the Frisch’s Big Boy name in the regional area of Ohio, Kentucky, and Indiana.
The investigation focuses on whether NYSE: FRS investors received the highest price and whether the directors of Frisch's Restaurants Inc acted in the best interest of Frisch's Restaurants Inc company and its shareholders.
If you purchased Frisch's Restaurants Inc (NYSE: FRS) prior to May 22, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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