Robbins Umeda LLP Announces an Investigation of the Acquisition of Burger King Holdings, Inc. by Affiliates of 3G Capital
Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors (“Board”) of Burger King Holdings, Inc. (“Burger King” or the “Company”) (NYSE: BKC) in connection with their efforts to sell Burger King to affiliates of 3G Capital (“3G”). If the transaction is completed, Burger King shareholders will receive $24.00 in cash for each share of Burger King common stock they hold. The transaction is expected to close during the fourth quarter of this year.
Robbins Umeda LLP’s investigation concerns whether Burger King’s Board undertook a fair process to obtain fair consideration for all shareholders of Burger King. Specifically, our investigation concerns whether the members of the Company’s Board breached their fiduciary duties to Burger King shareholders by failing to adequately shop the Company before entering into the transaction with affiliates of 3G.
If you are a shareholder of Burger King, plan to continue to hold your shares, and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at email@example.com.