Buyout of Graham Packaging Prompts Shareholder Claim Investigation by Goldfarb Branham Law Firm LLP
19 April 2011 - 12:55AM
Business Wire
Goldfarb Branham LLP is investigating whether board of directors
of Graham Packaging Company (NYSE: GRM) violated shareholder
protection laws by agreeing to a buyout by Silgan Holdings for
$19.56 per share in cash and stock. Concerned Graham Packaging
stockholders are encouraged to contact attorney Hamilton Lindley at
877-583-2855 or hlindley@goldfarbbranham.com.
“The offer price is a seventeen percent premium for Graham
Packaging investors,” securities lawyer Hamilton Lindley said.
“This deal may be undervalued because at least one analyst has set
a price target of $22 per share and the company has seen
significant growth in the last year. Our proposed class action
lawsuit seeks to ensure that the buyout is fair to shareholders -
both in terms of price and information.”
Goldfarb Branham LLP lawyers have significant experience
representing shareholders and whistleblowers in securities lawsuits
nationwide. GRM investors - or anyone with knowledge about this
acquisition - should contact lawyer Hamilton Lindley at
hlindley@goldfarbbranham.com or 877-583-2855.
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