|By PR Newswire||
|January 17, 2014 11:45 AM EST||
DALLAS, Jan. 17, 2014 /PRNewswire/ --Securities lawyers at Deans & Lyons announce an investigation of the board of Pacer International, Inc. (NASDAQ: PACR) in connection with a buyout where shareholders will receive $6.00 in cash per share and $3.00 in XPO common stock. Concerned PACR investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or [email protected] about their rights and remedies.
"On November 29, 2013 Pacer stock traded as high as $9.23, and one Yahoo! Finance analyst valued the target price at $10.00 per share," said securities lawyer Hamilton Lindley. "Our potential shareholder lawsuit will seek to ensure that all relevant information is disclosed and that the Pacer International, Inc. shareholders receive the highest price reasonably available for their stock."
Deans & Lyons has significant experience representing shareholders in securities lawsuits nationwide. PACR stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] or 877-819-8033 with questions or concerns.
SOURCE Deans & Lyons LLP