NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of Sanderson Farms, Inc. (NASDAQ: SAFM) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by Cargill, Inc. and Continental Grain Company.
Click here to learn more and participate in the action.
On August 9, 2021, Sanderson Farms announced that it had entered into an agreement to be acquired by Cargill and Continental Grain in a deal valued at approximately $4.53 billion. Pursuant to the merger agreement, Sanderson Farms stockholders will receive $203 in cash for each share of Sanderson common stock owned. The deal is scheduled to close by the end of 2021 or in early 2022.
Bragar Eagel & Squire is concerned that Sanderson Farm’s board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Sanderson Farm’s stockholders.
If you own shares of Sanderson Farms and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at investigations@bespc.com or telephone at (646) 860-9157, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Melissa Fortunato, Esq.
Alexandra Raymond, Esq.
investigations@bespc.com
www.bespc.com
