The Shareholders Foundation announces that an investigation on behalf of investors, who currently hold shares of Pall Corporation (NYSE:PLL), was launched concerning whether the takeover of Pall Corporation by Danaher Corporation (NYSE:DHR) for $127.20 per share is unfair to NYSE:PLL stockholders.
Investors who purchased shares of Pall Corporation (NYSE:PLL) and currently hold any of those NYSE:PLL shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain officers and directors of Pall Corporation breached their fiduciary duties owed to NYSE:PLL investors in connection with the proposed acquisition.
On May 13, 2015, Pall Corporation (NYSE:PLL) announced it has agreed to be acquired by Danaher Corporation (NYSE:DHR) for $127.20 per share in cash, or $13.8 billion including assumed debt and net of acquired cash.
However, the investigation concerns whether the offer is unfair to NYSE:PLL stockholders. More specifically, the investigation concerns whether the Pall Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders’ best interests in connection with the proposed sale.
On May 29, 2015, NYSE:PLL shares closed at $124.44 per share.
Those who are current investors in Pall Corporation (NYSE:PLL) shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com