Buckeye Technologies Inc. Shareholder Alert: Bernstein Liebhard LLP Announces Investigation of Acquisition by Georgia-Pacific LLC
April 25, 2013
Bernstein Liebhard LLP is investigating whether the Board of Directors of Buckeye Technologies Inc. (“Buckeye Technologies” or the “Company”) (NYSE: BKI) breached its fiduciary duty to its shareholders in agreeing to sell Buckeye Technologies to Georgia-Pacific LLC.
Under the terms of the agreement, Buckeye Technologies shareholders will receive $37.50 in cash for each share they own. The investigation is focused on the potential unfairness of the price to Buckeye Technologies shareholders and the process by which the Buckeye Technologies Board of Directors considered and approved the transaction.
If you are interested in discussing your rights as a Buckeye Technologies stockholder, with no obligation or cost to you, please contact U. Seth Ottensoser at (877) 779-1414 or Ottensoser@bernlieb.com.
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. It has been named to The National Law Journal’s “Plaintiffs’ Hot List” in each of the last ten years.