, Nov. 11, 2013 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential legal claims against the board of directors of Santarus, Inc. ("Santarus" or the "Company") (NASDAQ: SNTS) concerning the proposed acquisition of the Company by Salix Pharmaceuticals, Ltd. ("Salix").
Under the terms of the proposed transaction, Santarus stockholders will receive
in cash for each share of Santarus owned, valuing the transaction at approximately
If you own shares of Santarus and want more information about the
Santarus takeover investigation
George Pressly, Esq.
at 1(800) 631-6234 or email George at
Our investigation concerns possible breaches of fiduciary duty and other violations of law by Santarus' Board of Directors for not acting in the best interest of the Company's shareholders in connection with the sale process.
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Contact:Morgan & Morgan
Peter Safirstein, Esq.
28 West 44
New York, NY
SOURCE Morgan & Morgan