Law Office of Brodsky & Smith, LLC Announces Investigation of NightHawk Radiology Holdings, Inc.
27 Setembro 2010 - 4:59PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
NightHawk Radiology Holdings, Inc. (“NightHawk” or the “Company”)
(Nasdaq:NHWK) relating to the proposed acquisition of NightHawk by
Virtual Radiologic Corporation. (“Virtual”). Under the terms of the
transaction, NightHawk shareholders would receive cash of $6.50 for
each share of NightHawk common stock they own.
The investigation concerns possible breaches of fiduciary duty
and other violations of state law related to the NightHawk board’s
approval of the proposed transaction. The transaction appears to be
unfair, in part, given that NightHawk stock was trading at $6.76 a
share as recently as November 5, 2009 and traded at $7.44 a share
on September 29, 2009. Also, NightHawk has recently reported
improved financial results.
If you own shares of NightHawk and wish to discuss the legal
ramifications of the proposed transaction, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, or by calling toll free
877-LEGAL-90.
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