Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of AGA Medical Holdings, Inc. in Connection ...
18 Outubro 2010 - 10:30PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
AGA Medical Holdings, Inc. (“AGA Medical” or the “Company”)
(NASDAQ:AGAM) related to the Company’s agreement to be acquired by
St. Jude Medical, Inc. (“St. Jude Medical”). The proposed
transaction is valued at approximately $1.3 billion, including
assumed debt.
Under the terms of the definitive agreement entered into by the
parties, St. Jude Medical will acquire all of the outstanding
shares of AGA Medical for $20.80 per share in cash. The transaction
is structured as an exchange offer followed by a merger. The
transaction is expected to be completed by year-end 2010. If the
transaction is completed, AGA Medical will become part of St. Jude
Medical’s Cardiovascular Division. The investigation concerns
possible breaches of fiduciary duty and other violations of law
related to approval of the proposed transaction by AGA Medical’s
board of directors.
If you are a shareholder of AGA Medical, 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 Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
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