Rigrodsky & Long, P.A. Announces Investigation of Now Commenced Tender Offer for Zoll Medical Corp. by Asahi Kasei Corporation
27 3월 2012 - 1:53AM
Business Wire
Rigrodsky & Long, P.A. announces that it is investigating
potential claims against the board of directors of Zoll Medical
Corporation (“Zoll” or the “Company”) (NASDAQ GS: ZOLL) concerning
possible breaches of fiduciary duty and other violations of law
related to the Company’s entry into an agreement to be acquired by
Asahi Kasei Corporation (“Asahi”) in a transaction with an
approximate value of $93.00 per share.
Click here to learn more and to discuss your shareholder rights:
http://www.rigrodskylong.com/investigations/zoll-medical-corporation-zoll.
Under the proposed agreement, Asahi today commenced a cash
tender offer to purchase all of the outstanding shares of Zoll’s
common stock for $93.00 per share. The tender offer is scheduled to
conclude at midnight New York City time on April 20, 2012, unless
otherwise extended.
The investigation concerns whether Zoll’s board of directors
adequately shopped the Company to obtain the best price possible
for Zoll’s shareholders before entering into the agreement with
Asahi and disclosed all material facts to shareholders about the
transaction.
If you own the common stock of Zoll and purchased your shares
before March 12, 2012, 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
Scott J. Farrell, Esquire of Rigrodsky & Long, P.A., 825 East
Gate Boulevard, Suite 300, Garden City, New York 11530 toll free at
(888) 969-4242, by e-mail to info@rigrodskylong.com, or at:
http://www.rigrodskylong.com/investigations/zoll-medical-corporation-zoll.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly litigates securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, including claims for breach of
fiduciary duty and proxy violations in the Delaware Court of
Chancery and in state and federal courts throughout the United
States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Zoll (NASDAQ:ZOLL)
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Zoll (NASDAQ:ZOLL)
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