Attention investors who purchased shares of Cabela's Incorporated before October 3, 2016:
Rigrodsky & Long is investigating potential claims against the board of directors of Cabela's Incorporated concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by Bass Pro Shops for $65.50 per share, or approximately $5.5 billion.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Cabela’s Incorporated (“Cabela’s” or the “Company”) (NYSE: CAB) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Bass Pro Shops (“Bass”), in a transaction valued at approximately $5.5 billion.
Under the terms of the agreement, shareholders of Cabela’s will receive $65.50 in cash for each share of Cabela’s common stock.
The investigation concerns whether Cabela’s board of directors failed to adequately shop the Company and obtain the best possible value for Cabela’s shareholders before entering into an agreement with Bass.
If you own the common stock of Cabela’s and purchased your shares before October 3, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242, or by e-mail at email@example.com.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.
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