Cases
Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI)
Merger
Overview
Overview
- Date:
- 3/13/2017
- Company Name:
- Popeyes Louisiana Kitchen, Inc.
- Stock Symbol:
- PLKI
- Company Name - Buyer:
- Restaurant Brands International Inc.
- Class Period:
- FROM 3/6/2017
- Status:
- Closed/Complete
- Merger Announcement Date:
- 2/21/2017
- Court:
- U.S. District Court: Minnesota
NEW YORK, March 13, 2017 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the District of Minnesota on behalf of all persons or entities who held Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI) securities on March 6, 2017 (the “Class Period”).
On February 21, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Restaurant Brands International Inc. will acquire Popeyes in a deal. As a result of the merger, Popeyes shareholders are only anticipated to receive $79.00 in cash for each share of Popeyes common stock.
The complaint alleges that the company failed to conduct a fair sales process and failed to disclose all material information regarding the sale of the company.
If you held Popeyes securities during the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On February 21, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Restaurant Brands International Inc. will acquire Popeyes in a deal. As a result of the merger, Popeyes shareholders are only anticipated to receive $79.00 in cash for each share of Popeyes common stock.
The complaint alleges that the company failed to conduct a fair sales process and failed to disclose all material information regarding the sale of the company.
If you held Popeyes securities during the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.