
A shareholder is suing Krispy Kreme Doughnuts, claiming the company failed to negotiate a fair deal when it agreed to be bought by a German firm for $1.35 billion. Shareholder Barbara Grajzl is asking the court to stop the proposed deal until the company puts in place a process "to obtain the highest possible price for shareholders." Krispy Kreme (NYSE: KKD) did not immediately respond to a request for comment on the lawsuit. The lawsuit is similar to many that tend to follow the announcements…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/06/13/shareholder-launches-class-action-lawsuit-against.html?ana=RSS%26s=article_search
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