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Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Buffalo Wild Wings, Inc. has obtained a Fair Price in its Sale to Arby's Restaurant Group, Inc.

THIS POST WAS ORIGINALLY PUBLISHED ON THIS SITE Click Here To Read Entire Article

MILWAUKEE, Nov. 28, 2017 /PRNewswire/ — Ademi & O’Reilly, LLP is investigating the Board of Directors of Buffalo Wild Wings, Inc. (Nasdaq: BWLD) for possible breaches of fiduciary duty and other violations of Minnesota law in connection with the sale of BWW to ARG.

Click here to learn how to join the action: http://ademilaw.com/case/bww or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

Ademi & O’Reilly, LLP alleges BWW’s long-term financial outlook is improving and yet BWW shareholders will receive $157 for each BWW share.  ARG is well aware of BWW’s improving financial metrics and is purchasing BWW at a substantial discount. The merger agreement unreasonably limits competing bids for BWW by (i) prohibiting solicitation of any further bids, and (ii) imposing a termination penalty should BWW receive and accept a superior bid. BWW insiders, their affiliates and other major shareholders own significant voting stock, and will receive millions of dollars as part of change of control arrangements, and therefore can unduly influence a sale of BWW. Our investigation centers on the conduct of BWW’s Board of Directors, who have unanimously approved the transaction, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for BWW given its current financial condition and prospects.

If you own common stock in BWW and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or http://ademilaw.com/case/bww.         

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi & O’Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

View original content:http://www.prnewswire.com/news-releases/shareholder-alert-ademi–oreilly-llp-investigates-whether-buffalo-wild-wings-inc-has-obtained-a-fair-price-in-its-sale-to-arbys-restaurant-group-inc-300562565.html

SOURCE Ademi & O’Reilly, LLP

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http://www.ademilaw.com

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