Bull & Lifshitz, LLP Announces Investigation of the Acquisition of HealthTronics, Inc. by Endo Pharmaceuticals Holdings Inc.
11 Maggio 2010 - 8:32PM
Business Wire
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
acquisition of HealthTronics, Inc. (NASDAQ: HTRN - News) (referred
to as "HealthTronics" or the “Company”) by Endo Pharmaceuticals
Holdings Inc. (NASDAQ: ENDP - News) (referred to as “Endo”) which
includes the purchase of HealthTronics stock and assumption of net
debt.
The companies have signed a definitive agreement under which
Endo will acquire all of the outstanding shares of HealthTronics
common stock for $4.85 per share in cash. Upon completion of the
tender offer, a wholly owned subsidiary of Endo will merge into
HealthTronics and HealthTronics will operate as a wholly owned
subsidiary of Endo.
Bull & Lifshitz, LLP's investigation is focused on whether
the proposed deal provides adequate value to the Company’s
shareholders.
If you are a holder of HealthTronics stock and want to discuss
your legal rights, you may e-mail or call Bull & Lifshitz, LLP
who will, without obligation or cost to you, attempt to answer your
questions.
If you are a shareholder of HealthTronics and would like more
information about our investigation, please contact Joshua M.
Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an
e-mail including your contact information to:
counsel@nyclasslaw.com. All e-mail correspondence should make
reference to HealthTronics.
Bull & Lifshitz, LLP is a New York City-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP. The law
firm responsible for this advertisement is Bull & Lifshitz,
LLP, 18 East 41st Street, New York, New York 10017, (212) 213-6222.
Prior results do not guarantee or predict a similar outcome with
respect to any future matter.
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