Bull & Lifshitz, LLP Announces Investigation of the Acquisition of ATS Medical, Inc. by Medtronic, Inc.
04 Mayo 2010 - 11:14AM
Business Wire
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
acquisition of ATS Medical, Inc. (NASDAQ: ATSI - News) (referred to
as "ATS Medical" or the “Company”) by Medtronic, Inc. (referred to
as “Medtronic”) which includes the purchase of ATS Medical stock
and assumption of net debt.
The companies have signed a definitive agreement under which
Medtronic will acquire ATS Medical by paying $4.00 per share in
cash for each share of ATS Medical stock.
Bull & Lifshitz, LLP's investigation is focused on whether
the proposed deal provides adequate value to the Company’s
shareholders.
If you are a holder of ATS Medical stock and want to discuss
your legal rights, you may e-mail or call Bull & Lifshitz, LLP
who will, without obligation or cost to you, attempt to answer your
questions.
If you are a shareholder of ATS Medical and would like more
information about our investigation, please contact Joshua M.
Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an
e-mail including your contact information to:
counsel@nyclasslaw.com. All e-mail correspondence should make
reference to ATS Medical.
Bull & Lifshitz, LLP is a New York City-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP. The law
firm responsible for this advertisement is Bull & Lifshitz,
LLP, 18 East 41st Street, New York, New York 10017, (212) 213-6222.
Prior results do not guarantee or predict a similar outcome with
respect to any future matter.
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