|[July 02, 2014]
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of The Hillshire Brands Company In Connection With The Proposed Sale Of The Company To Tyson Foods, Inc.
STEVENSON, Md. --(Business Wire)--
The securities litigation law firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty and other violations of state law by the board of
directors of The Hillshire Brands Company ("Hillshire" or the "Company")
(NYSE: HSH) relating to the proposed buyout of the Company by Tyson
Foods, Inc. ("Tyson").
On July 2, 2014, Tyson and Hillshire announced that they had entered
into a definitive agreement pursuant to which Tyson will acquire
Hillshire in an all-cash transaction valued at approximately $8.55
billion. Under the terms of the transaction, shareholders of Hillshire
are anticipated to receive $63.00 for each shre of Hillshire stock they
The firm's investigation seeks to determine, among other things, whether
the Company's board of directors breached their fiduciary duties by
failing to maximize shareholder value before agreeing to enter into this
transaction, and whether Tyson is underpaying for Hillshire shares.
If you currently own common stock of Hillshire and would like to learn
more about the investigation being conducted by Brower Piven, without
cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven either
by email at firstname.lastname@example.org
or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in litigating
securities and other class action cases and have been advocating for the
rights of shareholders since the 1980s.
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