Thieler Law Corp Announces Investigation of proposed Sale of Ruby Tuesday Inc (NYSE: RT) to NRD Capital

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Ruby Tuesday Inc (NYSE: RT) acted responsibly on behalf of investors’ profitability in the planned sale to NRD Capital.

On October 16, 2017, Ruby Tuesday Inc (NYSE: RT) and NRD Capital announced that they had entered into a merger agreement. Under the terms of the merger agreement, NRD will offer Ruby Tuesday shareholders $2.40 per share in cash for all outstanding shares.    

Based in Maryville, Tennessee, and founded in 1920 Ruby Tuesday Inc engages in the ownership, development, operation, and franchise of casual dining restaurants under the Ruby Tuesday name in the United States and internationally.

The investigation is looking to uncover whether Ruby Tuesday Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $5.00 per share.

If you purchased Ruby Tuesday Inc (NYSE: RT) prior to October 16, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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