ZOLL Medical Corp. Investor Alert: The Briscoe Law Firm & Powers Taylor, LLP Investigate the Board of ZOLL Medical Corp. Conc...
13 Março 2012 - 12:50PM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor,
LLP are investigating the sale of ZOLL Medical Corporation (“ZOLL”)
(NASDAQ: ZOLL) to Asahi Kasei Corporation for shareholders. Under
the proposed transaction, ZOLL shareholders will receive $93.00 for
each share of ZOLL stock owned.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, contact Patrick Powers at
Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at
patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law
Firm, PLLC, (214) 706-9314, or via email at
WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.
The definitive merger agreement involves an all cash transaction
with a total equity value of approximately $2.2 billion. The deal
is expected to close in the second quarter of 2012.
At least one analyst has set a price target of $100.00 per share
for ZOLL’s stock. Therefore, the investigation centers on whether
ZOLL shareholders are receiving adequate compensation for their
shares in the buyout, whether the transaction undervalues ZOLL
stock, and whether ZOLL’s board attempted to obtain the highest
share price for all shareholders prior to agreeing to the deal.
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that
handles a variety of complex business litigation matters, including
claims of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
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