|[January 13, 2014]
Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Proposed Sale of Beam Inc. to Suntory Holdings Limited
SAN DIEGO --(Business Wire)--
Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating
whether members of the board of directors of Beam Inc. (NYSE: BEAM)
breached their fiduciary duties in connection with the proposed merger
with Suntory Holdings Limited.
On January 13, 2014, Beam announced that they had entered into a
definitive merger agreement to be acquired by Suntory Holdings. Pursuant
to the terms of the merger agreement each outstanding share of Beam
common stock will receive $83.50 per share in cash, with a total value
of approximately $16 billion.
The investigation concerns whether Beam's board members failed to
saisfy their duties to the Company's shareholders, including whether
the board adequately pursued alternatives to the acquisition and whether
the board obtained the best price possible for the Company's shares of
If you are Beam shareholder and would like additional information
concerning your legal rights, please contact lead analyst Jim Baker (firstname.lastname@example.org)
Johnson & Weaver, LLP is a nationally recognized shareholder rights law
firm with offices in California and New York. The firm represents
individual and institutional investors in shareholder derivative and
securities class action lawsuits. For more information about the firm
and its attorneys, please visit http://www.johnsonandweaver.com.
Attorney advertising. Past results do not guarantee future outcomes.
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