Harwood Feffer LLP Announces Investigation of Vital Images, Inc.
28 Aprile 2011 - 10:59PM
Business Wire
Harwood Feffer LLP (www.hfesq.com)
is investigating potential claims against the board of directors of
Vital Images, Inc. ("Vital" or the "Company") (Nasdaq:VTAL)
concerning the announcement that it had entered into an agreement
and plan of merger with Toshiba Medical Systems Corporation and a
merger subsidiary (“Toshiba”) to acquire all of the outstanding
shares of the common stock of Vital for $18.75 per share, or
approximately $273 million in the aggregate, through a cash tender
offer followed by a merger.
On April 27, 2011, it was announced that Toshiba agreed to buy
Vital. The deal is expected to close in the second or third quarter
of 2011. Our investigation concerns the board of directors’ process
for consideration of the proposed transaction and whether the
consideration to be paid to Vital shareholders is fair and
adequate.
If you own shares of Vital and would like to learn more about
these claims or if you wish to discuss this matter and have any
questions or information concerning this announcement, please
contact Robert I. Harwood, Esq. at rharwood@hfesq.com or James G.
Flynn, Esq. at jflynn@hfesq.com. You may also call them at (877)
935-7400. For more information about class actions, please visit
our website: www.hfesq.com.
Harwood Feffer LLP is a national shareholder litigation firm.
Harwood Feffer LLP is devoted to protecting the interests of
individual and institutional investors in shareholder actions in
state and federal courts nationwide.
Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not
guarantee or predict a similar outcome with respect to any future
matter.
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