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ROUNDY'S ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Launches an Investigation into the Proposed Sale of Roundy's. Are Roundy's Shareholders Getting a Fair Price?

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SAN DIEGO--(BUSINESS WIRE)--

Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Roundy's, Inc. (NYSE: RNDY) breached their fiduciary duties in connection with the proposed sale of the Company to The Kroger Co.

Additional Information:

Roundy's operates retail grocery stores, was founded in 1872 and is headquartered in Milwaukee, Wisconsin.

On November 11, 2015, Roundy's announced that it had signed a definitive merger agreement with Kroger. Under the terms of the agreement, Kroger will pay $3.60 per Roundy's share in cash.

The investigation concerns whether the Roundy's board are acting in the shareholders' best interests, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for the Company's shares of common stock. Nationally recognized Johnson & Weaver is investigating whether the proposed deal price represents adequate consideration, especially since one Wall Street analyst has a $5.00 price target on the stock which is more than the $3.60 offer price. Earlier this year Roundy's stock traded over $6.00 per share.

If you are a shareholder of Roundy's and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471.

About Johnson & Weaver, LLP:

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com

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