Rigrodsky & Long, P.A. Announces Investigation of American Dental Partners, Inc.
07 Novembro 2011 - 1:25PM
Business Wire
Rigrodsky & Long, P.A. announces that it is investigating
potential claims against the board of directors of American Dental
Partners, Inc. (“American Dental” or the “Company”) (Nasdaq: ADPI)
concerning possible breaches of fiduciary duty and other violations
of law related to the Company’s entry into an agreement to be
acquired and taken private by JLL Partners, Inc. (“JLL Partners”)
in a transaction with an approximate value of $398 million,
including $81 million in currently outstanding debt.
Click here to learn more and to discuss your shareholder rights:
http://investigations.rigrodskylong.com/american-dental-partners-inc-adpi/.
Under the proposed agreement, JLL Partners will acquire all of
the outstanding shares of American Dental for $19.00 per share in
cash.
The investigation concerns whether American Dental’s board of
directors adequately shopped the Company to obtain the best price
possible for American Dental’s shareholders before entering into
the agreement with JLL Partners.
If you own the common stock of American Dental and purchased
your shares before November 7, 2011, if you have information or
would like to learn more about these claims, or if you wish to
discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Seth D. Rigrodsky, Esquire or Noah R.
Wortman, Case Development Director, of Rigrodsky & Long, P.A.,
919 N. Market Street, Suite 980, Wilmington, Delaware 19801, by
telephone at (888) 969-4242, or by e-mail to
info@rigrodskylong.com.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly litigates securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, including claims for breach of
fiduciary duty and proxy violations in the Delaware Court of
Chancery and in state and federal courts throughout the United
States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
American Dental Partners (NASDAQ:ADPI)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
American Dental Partners (NASDAQ:ADPI)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
