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| [December 17, 2012] |
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Rigrodsky & Long, P.A. Announces Investigation Of Caribou Coffee Company, Inc. Buyout
WILMINGTON, Del. --(Business Wire)--
Rigrodsky
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Caribou Coffee Company, Inc.
("Caribou" or the "Company") (NASDAQ GS: CBOU)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to be acquired by
Joh. A. Benckiser ("Benckiser") in a transaction valued at approximately
$340 million.
Click here to learn more: http://www.rigroskylong.com/investigations/caribou-coffee-company-inc-cbou.
Under the terms of the proposal, public shareholders of Caribou will
receive $16.00 per share in cash for each share of Caribou they own.
The investigation concerns whether Caribou's board of directors failed
to adequately shop the Company and obtain the best possible value for
Caribou's shareholders before entering into an agreement with Benckiser.
According to Yahoo! Finance, at least one analyst has set a price target
for Caribou stock at $20.00
If you own the common stock of Caribou and purchased your shares before
December 17, 2012, if you have information or would like to learn more
about these claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Peter Allocco at Rigrodsky &
Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York
11530 toll free at (888) 969-4242, by e-mail to info@rigrodskylong.com,
or at: http://www.rigrodskylong.com/investigations/caribou-coffee-company-inc-cbou.
Rigrodsky
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.

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