BALA CYNWYD, Pa. -- (Business Wire)
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Wright Medical Group,
Inc. (“Wright Medical” or the “Company”) (Nasdaq: WMGI) relating to the
proposed acquisition by Tornier N.V. (“Tornier”).
Click here to learn more about the investigation http://brodsky-smith.com/842-wmgi-wright-medical-group-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Wright Medical shareholders will
receive only 1.0309 shares of Tornier for each share of Wright Medical
stock they own. The proposed transaction values Wright Medical at only
approximately $24.79 per share. The investigation concerns possible
breaches of fiduciary duty and other violations of state law by the
Board of Directors of Wright Medical for not acting in the Company’s
shareholders' best interests in connection with the sale process. The
transaction may undervalue the company and may result in a loss for many
Wright Medical shareholders. For example, Wright Medical stock traded at
$33.80 per share on February 24, 2014 and an analyst has set a $40.00
per share price target on Wright Medical stock.
If you own shares of Wright Medical common stock and wish to discuss the
legal ramifications of the investigation, or have any questions, you may
e-mail or call the law office of Brodsky & Smith, LLC who will, without
obligation or cost to you, attempt to answer your questions. You may
contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky &
Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail
at investorrelations@brodsky-smith.com,
by visiting http://brodsky-smith.com/842-wmgi-wright-medical-group-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise
representing shareholders throughout the nation in securities and case
action lawsuits. The attorneys at Brodsky & Smith have been appointed by
numerous courts throughout the country to serve as lead counsel in class
actions and successfully recovered millions of dollars for our clients
and shareholders. Attorney advertising. Prior results do not guarantee a
similar outcome.
Contacts:
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J.
Smith, Esquire
877-LEGAL-90
investorrelations@brodsky-smith.com
http://brodsky-smith.com/842-wmgi-wright-medical-group-inc.html
Source: Brodsky & Smith, LLC
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