Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Dialysis Corporation of America, Inc.
14 Abril 2010 - 8:26PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
Dialysis Corporation of America, Inc. (“DCA” or the “Company”)
(NASDAQ:DCAI) related to the Company’s agreement to be acquired by
U.S. Renal Care, Inc. (“USRC”), a privately held company. The
proposed transaction is valued at approximately $112 million.
Under the terms of the definitive merger agreement entered into
by the parties, USRC, through a subsidiary, will commence a tender
offer for all of the outstanding common shares of DCA for $11.25
per share in cash, followed by a merger to acquire all remaining
outstanding DCA shares at the same cash price paid in the tender
offer. USRC expects to commence the tender offer promptly, and
anticipates the transaction will close in May 2010. The
investigation concerns possible breaches of fiduciary duty and
other violations of law related to approval of the transaction by
DCA’s board of directors.
If you own shares of DCA, 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.
Dialysis OF America (NASDAQ:DCAI)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Dialysis OF America (NASDAQ:DCAI)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre Dialysis of America (MM) da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de Law Offices of Howard G. Smith