EQUITY ALERT: Rosen Law Firm Announces Investigation of Einstein Noah Restaurant Group, Inc. Concerning its Proposed Sale to JAB Holding Company – BAGL

NEW YORK--(BUSINESS WIRE)--

The Rosen Law Firm, P.A. announces that it is investigating the Board of Directors of Einstein Noah Restaurant Group, Inc. BAGL for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Einstein Noah to maximize shareholder value before agreeing to be acquired by JAB Holding Company, the investment arm and holding company of the billionaire Reimann family.

If you would like to join the action, go to http://rosenlegal.com/cases-374.html or contact Phillip Kim or Kevin Chan, toll-free at 866-767-3653, or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the proposed transaction, shareholders will receive $20.25 in cash for each share of Einstein Noah they own. The proposed transaction is valued at approximately $374 million. Greenlight Capital, Einstein Noah's largest stockholder with more than 35% of the outstanding common shares, has already agreed to tender its shares in support of the transaction. The investigation relates to whether the proposal for $20.25 in cash per share is fair to public shareholders and whether Noah Restaurant's Board breached its fiduciary duties in connection with the proposed sale.

If you currently own shares of Noah Restaurant and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-374.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.