NEW YORK, Aug. 6, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors of Nash-Finch Company ("Nash-Finch" or the "Company") (Nasdaq:NAFC) of class action lawsuit alleging claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Spartan Stores, Inc. ("Spartan") (Nasdaq:SPTN). A complaint was filed in Minnesota state court.
Click here to learn more about the case: http://zlk.9nl.com/nash-finch-nafc/, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Nash-Finch shareholders will receive 1.20 shares of Spartan common stock for each share of Nash-Finch stock they own. Based on prior closing prices, the proposed transaction implies a value of $25.44 per share for NAFC stock and a total approximate value of $1.3 billion, including the assumption of debt. The claims concern whether the Nash-Finch Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the transaction, and whether Spartan is underpaying for Nash-Finch, thus unlawfully harming Nash-Finch shareholders.
If you own common stock in Nash-Finch and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/nash-finch-nafc/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
|SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors of Claims of Fiduciary Duty by Board of Volterra Semiconductor Corporation in Connection With the Sale of the Company -- VLTR (2013/9/9)|
|MAIDENFORM SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors of a Class Action Against the Board of Maidenform, Inc. in Connection With the Sale of Company to HanesBrands -- MFB ()|
|SOURCEFIRE SHAREHOLDER ALERT: Levi & Korsinsky Announces a Class Action Lawsuit Filed Against the Board of Directors of Sourcefire, Inc. in Connection With the Sale of Company to Cisco Systems, Inc. -- FIRE, CSCO ()|
|SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Nash-Finch Company in Connection With the Sale of Outstanding Shares to Spartan Stores, Inc. -- NAFC (2013/7/26)|
|SemiLEDs Corporation Shareholder Alert: Levi & Korsinsky Notifies Investors with Losses on Their Investment in SemiLEDs Corporation of Class Action Lawsuit and the Deadline of September 9, 2013 to Seek a Lead Plaintiff Position (2013/8/14)|
|TETRA TECH SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in Tetra Tech, Inc. of Class Action Lawsuit and the Deadline of August 27, 2013 to Seek a Lead Plaintiff Position ()|
|SemiLEDs CORPORATION SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their Investment in SemiLEDs Corporation of Class Action Lawsuit and the Deadline of September 9, 2013 to Seek a Lead Plaintiff Position (2013/8/27)|
|VOCERA COMMUNICATIONS SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses in Vocera Communications, Inc. of Class Action Lawsuit and Deadline of September 30, 2013 to Seek Lead Plaintiff Position ()|
|SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Leap Wireless International Inc. in Connection With the Sale of the Company to AT&T Inc. -- LEAP, T ()|
|SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors of Claims of Fiduciary Duty by the Board of Steinway Musical Instruments, Inc. in Connection With the Sale of the Company to Kohlberg & Company -- LVB ()|
|Start Premium Trial||Register For Free|
|P||F||Fund Financial Data (13,000+ funds)|
|P||F||Stock Financial Data (7,000+ stocks)|
|P||F||Stock and Fund Screeners (basic)|
|P||F||Investing Articles and Market Commentary|
|P||F||Articles Archive (>30 days)|
|P||F||Discuss (dozens of stock, fund, bond, and general bulletin boards)|
|P||F||Portfolio Manager (basic)|
|P||F||Morningstar Investment Classroom|
|P||F||Access Your Portfolio Anytime, Anywhere via Your Mobile Device|
|P||Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)|
|P||Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)|
|P||Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)|
|P||Portfolio Monitor (monthly and on-demand personalized portfolio statements)|
|P||Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)|
|P||Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters|
|P||Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)|
|P||Discounts on Morningstar newsletters, books, seminars, and more|
Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.
Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.