Faruqi & Faruqi, LLP Announces Investigation of Synovis Life Technologies, Inc.
16 Dicembre 2011 - 12:30AM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Synovis Life Technologies, Inc. (“Synovis” or the
“Company”) (NASDAQ: SYNO) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the
Company to Baxter International, Inc. in an all-cash deal valued at
about $325 million. Under the terms of the proposed transaction,
Synovis stockholders will receive $28.00 in cash for each share of
Synovis common stock they own.
Request more information now by clicking here:
www.faruqilaw.com/SYNO.
Whether Synovis’s Board of Directors breached their fiduciary
duties to the Company’s stockholders by failing to conduct an
adequate and fair sales process prior to agreeing to this proposed
transaction, whether the proposed transaction undervalues Synovis’s
shares and by how much this proposed transaction undervalues the
Company to the detriment of Synovis’s shareholders are the key
focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Synovis and wish to obtain additional
information, please visit us at www.faruqilaw.com/SYNO or contact
Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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