AdvancePierre Foods Holdings Inc (NYSE:APFH) Investor Investigation of Takeover by Tyson Foods, Inc

An investigation on behalf of investors in NYSE:APFH shares in connection with the proposed takeover of AdvancePierre Foods Holdings Inc was announced and NYSE:APFH stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 05/03/2017 --The takeover of AdvancePierre Foods Holdings Inc is under investigation over potential wrongdoing. The investigation was announced on behalf of investors, who currently hold NYSE:APFH shares, concerning whether the takeover of AdvancePierre Foods Holdings Inc. by Tyson Foods, Inc is unfair.

Investors who purchased shares of AdvancePierre Foods Holdings Inc (NYSE:APFH) and currently hold any of those NYSE:APFH shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain officers and directors of AdvancePierre Foods Holdings Inc breached their fiduciary duties owed to NYSE:APFH investors in connection with the proposed acquisition.

On April 25, 2017, Tyson Foods, Inc. and AdvancePierre Foods Holdings Inc (NYSE:APFH) announced that they have entered into a definitive merger agreement pursuant to which a subsidiary of Tyson will launch a tender offer to acquire all of AdvancePierre's outstanding common shares for $40.25 per share in cash.

However, given that certain funds affiliated with Oaktree Capital Management, L.P. ("Oaktree"), which own approximately 42 percent of the outstanding shares of AdvancePierre common stock, have already entered into a tender and support agreement pursuant to which those funds have agreed to tender their AdvancePierre shares pursuant to the tender offer, the investigation concerns whether the offer is unfair to NYSE:APFH stockholders. More specifically, the investigation concerns whether the AdvancePierre Foods Holdings Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On May 2, 2017, shares of AdvancePierre Foods Holdings Inc (NYSE:APFH) closed at $40.45 per share

Those who are current investors in AdvancePierre Foods Holdings Inc shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/802032