Dr Pepper Snapple Group, Inc. (NYSE: DPS)
The firm is investigating into whether the board members of Dr Pepper Snapple Group, Inc. (DPS) ("Dr Pepper") breached their fiduciary duties in connection with the proposed merger of the Company with Keurig Green Mountain, Inc. ("Keurig").
On January 29, 2018, Dr Pepper announced that it had signed a definitive merger agreement with Keurig. Under the terms of the agreement, Dr Pepper shareholders will receive $103.75 per share in a special cash dividend and retain 13% of the combined company.
The investigation concerns whether the Dr Pepper board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the merger and whether the board obtained the best price possible for Dr Pepper shares of common stock.
If you are a current shareholder and would like to discuss your options of exercising your rights as a shareholder, which include ensuring that the company is getting the highest possible price for the company, and that the board of directors will act in the best interest of the shareholders, please contact us.
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