Rigrodsky & Long, P.A. Announces Investigation Of Now Commenced Tender Offer For Zoll Medical Corporation By Asahi Kasei Corporation
Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Zoll Medical Corporation (“Zoll” or the “Company”) (NASDAQ GS: ZOLL) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Asahi Kasei Corporation (“Asahi”) in a transaction with an approximate value of $93.00 per share.
Click here to learn more and to discuss your shareholder rights: http://www.rigrodskylong.com/investigations/zoll-medical-corporation-zoll.
Under the proposed agreement, Asahi today commenced a cash tender offer to purchase all of the outstanding shares of Zoll’s common stock for $93.00 per share. The tender offer is scheduled to conclude at midnight New York City time on April 20, 2012, unless otherwise extended.
The investigation concerns whether Zoll’s board of directors adequately shopped the Company to obtain the best price possible for Zoll’s shareholders before entering into the agreement with Asahi and disclosed all material facts to shareholders about the transaction.If you own the common stock of Zoll and purchased your shares before March 12, 2012, 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 Scott J. Farrell, Esquire of Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530 toll free at (888) 969-4242, by e-mail to email@example.com, or at: http://www.rigrodskylong.com/investigations/zoll-medical-corporation-zoll. Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States. Attorney advertising. Prior results do not guarantee a similar outcome.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV