Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of SenoRx, Inc.
06 5월 2010 - 2:29AM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
SenoRx, Inc. (“SenoRx” or the “Company”) (NASDAQ:SENO) related to
the Company’s agreement to be acquired by medical device
manufacturer C. R. Bard, Inc. (“Bard”). The all-cash transaction is
valued at approximately $200 million.
Under the terms of the definitive merger agreement entered into
by the parties, SenoRx stockholders will receive $11.00 in cash for
each share of the Company’s stock that they hold at the closing of
the merger. The transaction is expected to close in the third
quarter of 2010. Upon completion of the merger SenoRx will become
part of Bard’s Peripheral Vascular division. The investigation
concerns possible breaches of fiduciary duty and other violations
of law related to approval of the transaction by the SenoRx board
of directors.
If you own shares of SenoRx, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020
by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by
email to howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
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