Wolf Haldenstein Announces Investigation of Synovis Life Technologies, Inc.
13 Dicembre 2011 - 10:00PM
Business Wire
Attorney Advertising. The law firm of Wolf Haldenstein Adler
Freeman & Herz LLP is investigating possible breaches of
fiduciary duty by the Board of Directors of Synovis Life
Technologies, Inc. (“Synovis” or the “Company”) [NASDAQ:SYNO]
arising out of the proposed acquisition of Synovis by Baxter
International Inc. (“Baxter”).
On Tuesday, December 13, 2011, Baxter and Synovis announced that
Baxter will acquire Synovis pursuant to an all cash offer. Under
the terms of the agreement, Synovis stockholders will receive cash
of $28 in exchange for each share of Synovis common stock. However,
the Company may not have adequately shopped itself before entering
into this transaction and, pursuant to this proposed transaction,
Baxter may be underpaying for Synovis, thus unlawfully harming
Synovis shareholders.
Wolf Haldenstein has been representing individual and
institutional investors for many years, serving as lead counsel in
numerous cases in U.S. federal and state courts. Please visit the
Wolf Haldenstein website (http://www.whafh.com) for more
information about the firm.
If you own Synovis common stock and you wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Gregory Nespole or Derek Behnke Wolf Haldenstein Adler Freeman
& Herz LLP 270 Madison Avenue New York, New York 10016 Phone
Numbers: (800) 575-0735 (212) 545-4600
Email: nespole@whafh.com
Classmember@whafh.com
Website: http://www.whafh.com
Attorney Advertising. Prior Results Do Not Guarantee A Similar
Outcome.
Grafico Azioni Synovis Life Technologies, Inc. (MM) (NASDAQ:SYNO)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Synovis Life Technologies, Inc. (MM) (NASDAQ:SYNO)
Storico
Da Giu 2023 a Giu 2024
Notizie in Tempo Reale relative a Synovis Life Technologies, Inc. (MM) (NASDAQ): 0 articoli recenti
Più Wolf Haldenstein Adler Freeman & Herz LLP Articoli Notizie