WAYNE, Pa., July 29, 2014 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Family Dollar Stores Inc. ("Family Dollar" or the "Company") (NYSE: FDO) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Dollar Tree, Inc. in a transaction valued at approximately $9.2 billion.
If you own shares of Family Dollar and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/familydollar. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com.
Under the terms of the agreement, Family Dollar stockholders will receive $59.60 in cash and $14.90 equivalent in Dollar Tree shares for each share of Family Dollar common stock they own, valuing the deal at approximately $74.50 per share.
Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Family Dollar for not acting in the Company's shareholders' best interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide. To learn more about the class action process, please visit: www.rmclasslaw.com.
CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
877-316-3218
www.rmclasslaw.com/cases/familydollar
rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP
