APFH Advancepierre Foods Holdings Inc

ADVANCEPIERRE FOODS (APFH) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of AdvancePierre Foods Holdings, Inc.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of AdvancePierre Foods Holdings, Inc. (NYSE: APFH) (“AdvancePierre Foods” or the “Company”) relating to the sale of the Company to Tyson Foods, Inc. (“Tyson Foods”). On April 25, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Tyson Foods will acquire AdvancePierre Foods in a merger, via a tender offer worth $4.2 billion. As a result of the merger, AdvancePierre Foods’ shareholders are only anticipated to receive $40.25 per share in cash in exchange for each share of AdvancePierre Foods.

Andrews & Springer's investigation so far has revealed that the consideration AdvancePierre Foods’ shareholders are expected to receive is inadequate. While the Company claims that shareholders will receive a premium for their shares, AdvancePierre Foods’ stock has already consistently traded above the $40.25 per share consideration from April 25, 2017 through May 16, 2017, when the Company’s share price closed at $40.31 per share. Our investigation is also looking into whether AdvancePierre Foods’ top executives were conflicted and acted in their own self-interest when approving the merger thus making the process and consideration unfair.

If you own shares of AdvancePierre Foods and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/advancepierre-foods-class-action-investigation/ or contact Craig J. Springer, Esq. at [email protected], or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.

EN
23/05/2017

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Reports on Advancepierre Foods Holdings Inc

 PRESS RELEASE

The Law Offices of Vincent Wong Reminds Investors of an Investigation ...

NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of AdvancePierre Foods Holdings, Inc. (NYSE:APFH) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Tyson Foods, Inc. (NYSE:TSN). Under the terms of the deal, AdvancePierre Foods shareholders will receive $40.25 per share. The investigation concerns whether the AdvancePierre Foods Board of Directors breached their fiduciary duties to AdvancePierre Foods ...

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AdvancePierre Foods Announces First Quarter 2017 Financial Results

CINCINNATI--(BUSINESS WIRE)-- AdvancePierre Foods Holdings, Inc. (NYSE:APFH) (“AdvancePierre” or the “Company”), a leading national producer and distributor of sandwiches, sandwich components and other entrées and snacks, today reported financial results for the first quarter ended April 1, 2017. First Quarter Highlights GAAP net income of $28.2 million, or $0.36 per diluted share, and Adjusted Net Income1 of $24.3 million, or $0.31 per diluted share. Net sales of $402.7 million inc...

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AdvancePierre Foods Board Declares Regular Quarterly Dividend

CINCINNATI--(BUSINESS WIRE)-- The board of directors of AdvancePierre Foods Holdings, Inc. (NYSE: APFH) (“AdvancePierre” or the “Company”), a leading national producer and distributor of sandwiches, sandwich components and other entrées and snacks, has declared a quarterly cash dividend of $0.16 per share on the Company’s common stock. The dividend is payable on May 25, 2017 to stockholders of record at the close of business on May 18, 2017. About AdvancePierre Foods AdvancePierre Foods Holdings, Inc., headquartered ...

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