BOB EVANS Buyout Alert - National Securities Law Firm Seeks Higher Price for Bob Evans Farms Shareholders in Connection with Proposed Buyout, and Encourages Shareholders to Contact Law Firm for More Information

NEW YORK, Sept. 19, 2017 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the potential sale of Bob Evans Farms, Inc. (NASDAQ: BOBE) ("Bob Evans" or the "Company") on behalf of its shareholders.  Bob Evans announced that it has entered into a definitive agreement to be acquired by Post Holdings, Inc. in a cash deal valued at approximately $1.5 billion.  Post Holdings will acquire Bob Evans for $77.00 per share.

Our investigation has determined that the offer price of only $77.00 per share, unfairly under-values the true going forward inherent value of Bob Evans and that shareholders may not be receiving the maximum value for their shares. Indeed, the stock hit a high of $77.80 per share within the past year.  The investigation further seeks to determine whether Bob Evans senior management is entering into this deal for their own self-interests to the detriment of the Company's shareholders.

If you are a shareholder of Bob Evans and would like additional information as to how the proposed acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please contact us at no cost at:

Tripp Levy PLLC
New York, New York 
Toll free: 800-511-7037 
International: 602-241-2841 
Email: [email protected]  
www.tripplevy.com

Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and has assisted in the recovery of billions of dollars for shareholders in securities actions around the globe.

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SOURCE Tripp Levy PLLC

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