Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the proposed merger between PSS World Medical, Inc. (“Company” or “PSSI”) (Nasdaq: PSSI) and McKesson Corporation for shareholders. Under the proposed transaction, PSSI shareholders will receive only $29.00 per share for each share of PSSI stock owned.
There is no cost or fee for you to join the action. Thus, if you are an affected investor, and you want to learn more about the lawsuit or join the action, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at email@example.com, or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at WBriscoe@TheBriscoeLawFirm.com.
The proposed transaction is valued at approximately $2.1 billion. The investigation concerns whether PSSI’s board of directors failed to adequately shop the company and obtain the best possible value for PSSI’s shareholders before entering into an agreement with McKesson.
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 Dallas 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.