In der Downing Street in London residieren die englischen Premierminister.
Mittwoch, 27.07.2016 13:40 von | Aufrufe: 268

SEQUENOM (SQNM) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Sequenom, Inc.; Are Shareholders Getting a Fair Price?

In der Downing Street in London residieren die englischen Premierminister. pixabay.com

PR Newswire

SAN DIEGO, July 27, 2016 /PRNewswire/ -- Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Sequenom, Inc. (NASDAQ: SQNM) breached their fiduciary duties in connection with the proposed sale of the Company to Laboratory Corporation of America Holdings (NYSE: LH).

Johnson & Weaver LLP (PRNewsFoto/Johnson & Weaver LLP)

Additional Information:
Sequenom is a life sciences company that develops and commercializes molecular diagnostics testing services for the women's health and oncology markets in the United States and internationally.

On July 27, 2016, Sequenom announced it had signed a definitive merger agreement with Laboratory Corporation. Under the terms of the agreement, Sequenom stockholders will receive $2.40 per share in cash.

The investigation concerns whether the Sequenom board failed to satisfy their duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Sequenom shares of common stock. Nationally recognized Johnson & Weaver is investigating whether the proposed deal price represents adequate consideration. The 52-week high for Sequenom stock is $2.99.

If you are a shareholder of Sequenom and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If emailing, please include a phone number where you can be reached.

About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com


ARIVA.DE Börsen-Geflüster

Werbung

Mehr Nachrichten zur Laboratory Corporation of America Holdings Aktie kostenlos abonnieren

E-Mail-Adresse
Benachrichtigungen von ARIVA.DE
(Mit der Bestellung akzeptierst du die Datenschutzhinweise)

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.


Andere Nutzer interessierten sich auch für folgende News