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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Bojangles’, Inc. (NASDAQGS: BOJA) to Durational Capital Management LP and The Jordan Company, L.P. for $16.10 per share.
The Bojangles’ merger investigation concerns whether the Board of Bojangles’ breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Durational and The Jordan Company are underpaying for Intersections shares, thus unlawfully harming Bojangles’ shareholders.
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