IDENIX PHARMACEUTICALS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
09 Junio 2014 - 12:28PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Idenix
Pharmaceuticals, Inc. (NASDAQ GS: IDIX)?
- Did you purchase any of your shares
prior to June 9, 2014?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Idenix
Pharmaceuticals, Inc. (“Idenix” or the “Company”) (NASDAQ GS: IDIX)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Merck & Co., Inc. (“Merck”) (NYSE: MRK), in a
transaction valued at approximately $3.85 billion.
Click here to learn more:
http://www.rigrodskylong.com/investigations/idenix-pharmaceuticals-inc-idix.
Under the terms of the agreement, public shareholders of Idenix
would receive $24.50 in cash for each share of Idenix they own.
The investigation concerns whether Idenix’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Idenix’s shareholders before entering into an agreement
with Merck.
If you own the common stock of Idenix and purchased your shares
before June 9, 2014, 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 Seth D.
Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter
Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888)
969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/idenix-pharmaceuticals-inc-idix.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra(888)
969-4242(302) 295-5310Fax: (302)
654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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