Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Golden Enterprises Inc (NASDAQ: GLDC) acted responsibly on behalf of investors’ profitability in the planned $1.53 billion sale to Utz Quality Foods Inc.

On July 19, 2016, Golden Enterprises Inc (NASDAQ: GLDC) and Utz Quality Foods Inc announced that they had entered into a merger agreement. Under the terms of the merger agreement, Utz Quality Foods will offer Golden Enterprises shareholders $12.00 per share in cash for all outstanding shares.    

Based in Birmingham, Alabama, and founded in 1923 Golden Enterprises Inc through its subsidiary, Golden Flake Snack Foods, Inc, produces, markets, and distributes snack products.

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

If you purchased Golden Enterprises Inc (NASDAQ: GLDC) prior to July 19, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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