(IBwire.com – May 2, 2012) - The Law
Offices of Marc S. Henzel (www.henzellaw.com)
a firm focusing on shareholder litigation, and is investigating claims on
behalf of investors of Imperial
Sugar Company (Nasdaq: IPSU) concerning the proposed acquisition by Louis
Dreyfus Commodities LLC.
According to reports, a subsidiary
of Louis Dreyfus Commodities LLC will acquire Imperial Sugar through a cash
tender offer and second step merger at $6.35 per share.
terms of the merger agreement, Louis Dreyfus Commodities LLC will commence a
cash tender offer no later than May
11, 2012. The closing of the transaction is expected to occur
during the second calendar quarter of 2012, and is subject to the satisfaction
of customary closing conditions, including expiration of the applicable waiting
periods under the Hart-Scott-Rodino Antitrust Improvements Act and a minimum
tender of at least 662/3% of the Company’s total shares outstanding. Louis
Dreyfus Commodities LLC will be funding the transaction through available cash
and existing credit lines and the offer will not be subject to a financing
If you own shares of Imperial
Sugar Company (Nasdaq: IPSU) and would like to learn more about any potential claims or you
wish to discuss these matters and have any questions concerning this
announcement or your rights, please contact Marc S. Henzel (610) 660-8000, email
at Mhenzel@Henzellaw.com, or to sign
up online, visit the firms website at www.henzellaw.com.
The Law Offices
of Marc S. Henzel is a national shareholder litigation firm representing
shareholders & investors in various areas of securities laws including but
not limited to; class actions, derivatives, transactional (buyouts/mergers/acquisitions)
and FINRA & NYSE Arbitrations.
advertising. © 2012 Law Offices of Marc S. Henzel. The law firm responsible for this
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Offices of Marc S. Henzel