Law Firm Brower Piven Announces Investigation in Connection With the Acquisition of SeraCare Life Sciences, Inc. by Linden Ca...
13 Febrero 2012 - 12:04PM
Business Wire
The law firm of Brower Piven, A Professional Corporation, has
commenced an investigation into possible breaches of fiduciary duty
to current shareholders of SeraCare Life Sciences, Inc.
(“SeraCare”) (NASDAQ: SRLS) and other violations of state law by
the board of directors of SeraCare relating to the proposed
acquisition of the company by Linden Capital Partners (“Linden
Capital”). The firm’s investigation seeks to determine, among other
things, whether the board breached its fiduciary duties by failing
to maximize shareholder value.
On February 13, 2012, SeraCare announced that it had entered
into a definitive agreement providing for Linden Capital to acquire
SeraCare for approximately $82 million. Under the terms of the
agreement, SeraCare shareholders will receive $4.00 for each share
of SeraCare common stock held. However, according to Yahoo!
Finance, at least one analyst has set a high price target of $5.00
per share.
If you currently own shares of SeraCare and would like to learn
more about the investigation being conducted by Brower Piven, you
may email or call Brower Piven, who will, without obligation or
cost to you, attempt to answer your questions. You may contact
Brower Piven by email at hoffman@browerpiven.com, by calling (410)
415-6616, or at Brower Piven, A Professional Corporation, 1925 Old
Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven
have combined experience litigating securities and other class
action cases of over 60 years.
Seracare Life Sciences (NASDAQ:SRLS)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Seracare Life Sciences (NASDAQ:SRLS)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Seracare Life Sciences (MM) (NASDAQ): 0 recent articles
Más de Brower Piven, A Professional Corporation Artículos de Noticias