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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Buffalo Wild Wings, Inc. (NASDAQ: BWLD) to Arby’s Restaurant Group, Inc. Under the terms of the transaction, Buffalo Wild Wings shareholders will receive $157 in cash for each share of Buffalo Wild Wings stock they own.
The investigation concerns whether the Board of Buffalo Wild Wings breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Arby’s Restaurant Group, Inc. is underpaying for Buffalo Wild Wings shares, thus unlawfully harming Buffalo Wild Wings shareholders.
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