Law Office of Brodsky & Smith, LLC Announces Investigation of Vital Images, Inc.
29 Aprile 2011 - 5:30AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Vital Images, Inc. (“Vital” or the “Company”) (Nasdaq - VTAL)
relating to the proposed acquisition by Toshiba Medical Systems
Corp. (“Toshiba”).
Under the terms of the transaction, Vital shareholders would
receive $18.75 in cash for each share of common stock they own. The
investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of Vital by
not acting in Vital shareholders' best interests in connection with
the sale process to Toshiba. The transaction may undervalue the
company as an analyst placed a $19.00 price target on Vital stock
and the transaction includes various deal protections that may
prevent a superior offer.
If you own shares of Vital stock and wish to discuss the legal
ramifications of the proposed transaction, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, visiting
http://brodsky-smith.com/282-vtal-vital-images-inc.html, or by
calling toll free 877-LEGAL-90.
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