Nordion Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by Sterigenics
31 Marzo 2014 - 9:57AM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor
LLP are investigating potential claims against the Board of
Directors of Nordion Inc. (“Nordion”) (NYSE: NDZ) related to the
acquisition by Sterigenics for shareholders. Under the terms of the
definitive agreement valued at approximately $727 million,
consideration will consist of $11.75 per share in cash, which is
well below at least one analyst’s estimated value of $13.00 per
share.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, contact Willie Briscoe at The
Briscoe Law Firm, PLLC, (214) 239-4568, or via email at
WBriscoe@TheBriscoeLawFirm.com, or Patrick Powers at Powers Taylor
LLP, toll free (877) 728-9607, via e-mail at
shareholder@powerstaylor.com. There is no cost or fee to you.
The Nordion investigation centers on whether Nordion’s
shareholders are receiving adequate compensation for their shares
in the proposed deal, whether the transaction undervalues Nordion’s
stock, and whether Nordion’s board attempted to obtain the highest
share price for all shareholders prior to agreeing to the deal.
Notably, at least one analyst with Yahoo! Finance estimates the
true inherent value of the company could be as high as $13 per
share.
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor LLP is a boutique litigation law firm that handles
a variety of complex business litigation matters, including claims
of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
The Briscoe Law Firm, PLLCWillie Briscoe,
214-239-4568WBriscoe@TheBriscoeLawFirm.comorPowers Taylor
LLPPatrick Powers, 877-728-9607shareholder@powerstaylor.com
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