An investigation for investors in NASDAQ:VASC shares was announced concerning the takeover of Vascular Solutions, Inc. by Teleflex Incorporated for $56.00 per share.
Investors who purchased shares of Vascular Solutions, Inc. (NASDAQ:VASC) and currently hold any of those NASDAQ:VASC 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 Vascular Solutions, Inc. breached their fiduciary duties owed to NASDAQ:VASC investors in connection with the proposed acquisition.
On December 2, 2016, Vascular Solutions, Inc. (Nasdaq: VASC) announced that it has entered into an agreement to be acquired by Teleflex Incorporated (NYSE: TFX) for a purchase price of $56.00 per share in cash.
However, given that at least one analyst has set the high target ofr NASDAQ:VASC shares at $58.00 per share, the investigation concerns whether the offer is unfair to NASDAQ:VASC stockholders. More specifically, the investigation concerns whether the Vascular Solutions 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 NASDAQ:VASC 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
Leave Your Comments