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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of The WhiteWave Foods Company (NYSE: WWAV) acted responsibly on behalf of investors’ profitability in the planned $12.5 billion sale to Danone SA.
On July 7, 2016, The WhiteWave Foods Company (NYSE: WWAV) and Danone SA announced that they had entered into a merger agreement. Under the terms of the merger agreement, Danone will offer WhiteWave shareholders $56.25 per share in cash for all outstanding shares.
Based in Denver, Colorado, The WhiteWave Foods Company manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic salads, and fruits and vegetables.
The investigation is looking to uncover whether The WhiteWave Foods Company was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $60.00 per share.
If you purchased The WhiteWave Foods Company (NYSE: WWAV) prior to July 7, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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