Kirby McInerney LLP is investigating potential claims against the Board of Directors of Buckeye Technologies Inc. (“Buckeye” or the “Company”) (NYSE: BKI) related to the proposed acquisition of the Company by Georgia-Pacific LLC (“Georgia-Pacific”). Under the terms of the proposal, Georgia-Pacific will acquire all of the outstanding common stock of Buckeye for $37.50 per share in cash, for a total transaction value of approximately $1.5 billion including debt.

The investigation concerns whether the Buckeye Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed $37.50 per share consideration adequately values Buckeye common shares.

If you are a Buckeye shareholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or by telephone at (212) 699-1145 or (888) 529-4787.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.