WILMINGTON, DE / ACCESSWIRE / January 21, 2020 / Rigrodsky & Long, P.A.:
- Do you own units of Pope Resources, A Delaware Limited Partnership (NASDAQ GS:POPE)?
- Did you purchase any of your units prior to January 15, 2020?
- Do you think the proposed merger is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors Pope Resources, A Delaware Limited Partnership ("Pope Resources" or the "Company") (NASDAQ GS: POPE) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Rayonier Inc. ("Rayonier") (NYSE:RYN) in a transaction valued at approximately $554 million. Under the terms of the agreement, unitholders of Pope Resources will receive 3.929 common shares of Rayonier, 3.929 units of Rayonier Operating Partnership LP, or $125 in cash for each unit of Pope Resources they own.
If you own units of Pope Resources and purchased any units before January 15, 2020, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at [email protected], or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
[email protected]
http://www.rigrodskylong.com
SOURCE: Rigrodsky & Long, P.A.