Bull & Lifshitz, LLP Announces Investigation of the Acquisition of TomoTherapy Incorporated
12 Março 2011 - 12:07PM
Business Wire
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
acquisition of TomoTherapy Incorporated (NASDAQ: TOMO - News)
(referred to as "TomoTherapy" or the “Company”) by Accuray
(“Accuray”) in a cash and stock transaction valued at approximately
$277 million.
Under the terms of the definitive agreement, TomoTherapy
shareholders will receive $3.15 in cash and 0.1648 shares of
Accuray common stock per share of TomoTherapy common stock. Based
on the closing price of Accuray's common stock on March 4, 2011,
the stock component of the consideration is valued at $1.65 per
share.
Bull & Lifshitz, LLP's investigation is focused on whether
the proposed deal provides adequate value to the Company’s
shareholders. If you are a holder of TomoTherapy stock and want to
discuss your legal rights, you may e-mail or call Bull &
Lifshitz, LLP who will, without obligation or cost to you, attempt
to answer your questions.
If you are a shareholder of TomoTherapy and would like more
information about our investigation, please contact Peter D. Bull,
Esq. by telephone at (866) 313-6222 or by sending an e-mail
including your contact information to: counsel@nyclasslaw.com. All
e-mail correspondence should make reference to TomoTherapy.
Bull & Lifshitz, LLP is a New York City-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP.
The law firm responsible for this advertisement is Bull &
Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212)
213-6222. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
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