Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Pinnacle Foods Inc (NYSE: PF) acted responsibly on behalf of investors’ profitability in the planned sale to Conagra Brands Inc (NYSE: CAG).

On June 27, 2018, Pinnacle Foods Inc (NYSE: PF) and Conagra Brands Inc (NYSE: CAG) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Pinnacle shareholders will receive $43.11 per share in cash and 0.6494 shares of Conagra common stock for each share of Pinnacle held.

Based in Parsippany, New Jersey, Pinnacle Foods Inc manufactures, markets, and distributes branded convenience food products in North America.

The investigation focuses on whether NYSE: PF investors received the highest price and whether the directors of Pinnacle Foods Inc acted in the best interest of Pinnacle Foods Inc company and its shareholders.  

If you purchased Pinnacle Foods Inc (NYSE: PF) prior to June 27, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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