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Buckeye Technologies Inc. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP for Potential Breaches of Fiduciary Duty

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Buckeye Technologies Inc. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP for Potential Breaches of Fiduciary Duty Powered By Docstoc
					
				
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posted:4/26/2013
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Description: LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of Buckeye Technologies Inc. (“Buckeye” or the “Company”) (NYSE:BKI) related to the proposed acquisition of the Company by Georgia-Pacific LLC. The transaction is valued at approximately $1.5 billion including debt, or $37.50 per share. This investigation concerns whether the Board of Directors of Buckeye breached their fiduciary duties to stockholders a style='fon
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