SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Vitacost.com, Inc. Stockholders

[July 02, 2014]

Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Vitacost.com, Inc. Stockholders

NEW YORK --(Business Wire)--

Kirby McInerney LLP is investigating potential claims against the Board of Directors of Vitacost.com, Inc. (NASDAQ:VITC) concerning the proposed acquisition of the Company by the Kroger co. (NYSE:KR). Under the terms of the definitive merger agreement, Vitacost.com stockholders will receive $8.00 in cash for each share of Vitacost.com common stock they own, valuing the transaction at approximately $280 million.

The investigation concerns whether the Vitacost.com Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequatel values the Company's common stock.


If you are a Vitacost.com stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.


[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved.