Harwood Feffer LLP, a New York, N.Y.-based law firm, is investigating potential claims against the board of directors of Tasty Baking Co. concerning Flowers Foods, Inc.'s proposed offer to purchase the company for $4 per share in a transaction valued at approximately $165 million, which includes Tasty's existing indebtedness.
The investigation concerns whether the board of directors is undertaking a fair process to obtain fair consideration for all shareholders of Tasty.
Harwood Feffer LLP is a national shareholder litigation firm. Harwood Feffer LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
For information, go to: www.hfesq.com.