LK,LLP

Protecting the Rights
of
Shareholders
and
Consumers

Pactiv Corporation Securities Litigation

To join the class action, please complete the questionnaire below

First Name*

Email*

Last Name*

City*

Shares owned.*

State*

Day Phone*

Comments

* required field

Receive Mergers Newsletter

Pactiv Corporation (NYSE: PTV) shareholder litigation in connection with alleged
unfair takeover offer

On August 17, 2010, Pactiv Corporation (“Pactiv” or the “Company”) announced that it
had agreed to sell the Company to Reynolds Group Holdings Limited ("Reynolds").
Under the terms of the transaction, Pactiv shareholders will receive $33.25 in cash for
each Pactiv share of common stock they own for a total transaction value of
approximately $6.0 billion.

The investigation concerns whether the Pactiv Board of Directors breached their
fiduciary duties to Pactiv stockholders by failing to adequately shop the Company
before entering into this transaction and whether Reynolds is underpaying for Pactiv
shares, thus unlawfully harming Pactiv stockholders. In particular, analysts set a
median price target for Pactiv stock at $34.00 per share with one analyst setting a
price target for Pactiv stock at $35.00 per share.

For updates enter email address