BALA CYNWYD, PA / ACCESSWIRE / October 24, 2017 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Deltic Timber Corp. (''Deltic Timber'' or ''the Company'') (NYSE:DEL - News) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Potlatch Corp. (''Potlatch'').
Click here to learn more http://www.brodskysmith.com/cases/deltic-timber-corp-nyse-del/ , or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Deltic Timber shareholders will receive only 1.8 shares of Potlatch for each share of Deltic Timber stock they own. The transaction provides virtually no premium to Deltic Timber stockholders who, following the close of the transaction, will own only 35% of the combined company. The investigation concerns whether the Board of Deltic Timber breached their fiduciary duties to shareholders and whether Potlatch is underpaying for the Company.
If you own shares of Deltic Timber stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://www.brodskysmith.com/cases/deltic-timber-corp-nyse-del/ , or calling toll free 877-LEGAL-90..
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE: Brodsky & Smith, LLC