An investigation for investors in NYSE:ALR shares was announced concerning whether the takeover of Alere Inc at $46.00 per share is unfair.
Investors who purchased shares of Alere Inc (NYSE:ALR) and currently hold any of those (NYSE:ALR 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 directors of Alere Inc breached their fiduciary duties owed to NYSE:ALR investors in connection with the proposed acquisition.
A group of executives led by Alere’s former CEO Ron Zwanziger has offered to purchase Alere Inc for $46.00 per share. The offer represents a total approximate value of $3.82 billion.
However, the investigation concerns whether the offer is unfair to NYSE:ALR stockholders. More specifically, the investigation concerns whether the Alere 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.
Those who are current investors in Alere Inc (NYSE:ALR) 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