The Law Office of Abe Shainberg is investigating the Board of Directors of Immucor, Inc. (NASDAQ: BLUD) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to TPG Capital. Immucor shareholders will receive $27.00 in cash per share for a total transaction value of approximately $1.973 billion. To get more information, click here: http://www.ashainberglaw.com/immucor-inc.html. The investigation concerns whether the Immucor Board of Directors breached their fiduciary duties to Immucor stockholders by failing to adequately shop the Company before entering into this transaction and whether TPG Capital is underpaying for Immucor shares. According to Yahoo! Finance, at least one analyst set a price target for Immcuor stock at $28.00 per share. If you own common stock in Immucor and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at email@example.com or by telephone at (212) 425-7286, or visit http://www.ashainberglaw.com/immucor-inc.html. Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Shares of Immucor (Nasdaq:BLUD) have taken a tremendous swing upward. The stock is trading at $26.96 as of 9:31 a.m. ET, 30.1% above Friday's closing price of $20.73. Volume is at 1.8 million, 3.9 times the daily average of 464,400.