Rigrodsky & Long, P.A. Announces Investigation Of Lincare Holdings Inc. Buyout
Published on Monday, 02 July 2012 12:10 Written by TradersHuddle StaffWILMINGTON, Del.-( Business Wire )-
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Lincare Holdings Inc. (“Lincare” or the “Company”) (NASDAQ GS: LNCR) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Linde AG (“Linde”) in a transaction valued at approximately $4.6 billion.
Click here to learn more: http://www.rigrodskylong.com/investigations/lincare-holdings-inc-lncr.
Under the terms of the proposal, public shareholders of Lincare will receive will receive $41.50 per share in cash for each share of Lincare they own.
The investigation concerns whether Lincare’s board of directors failed to adequately shop the Company and obtain the best possible value for Lincare’s shareholders before entering into an agreement with Linde.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
Rigrodsky & Long, P.A.Peter Allocco888-969-4242516-683-3516Fax: firstname.lastname@example.org://www.rigrodskylong.com
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