Company Website:
http://www.rigrodskylong.com
WILMINGTON, Del. -- (Business Wire)
Rigrodsky & Long, P.A.:
- Do you own shares of HeartWare International, Inc. (NASDAQ GS: HTWR)?
- Did you purchase any of your shares prior to June 27, 2016?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of HeartWare International, Inc.
(“HeartWare” or the “Company”) (NASDAQ GS: HTWR)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company’s entry into an agreement to be acquired by
Medtronic plc (“Medtronic”) (NYSE: MDT),
in a transaction valued at approximately $1.1 billion.
Click here to learn more: http://rigrodskylong.com/investigations/heartware-international-inc-htwr-buyout.
Under the terms of the agreement, shareholders of HeartWare will receive
$58.00 in cash for each share of HeartWare common stock.
The investigation concerns whether HeartWare’s board of directors failed
to adequately shop the Company and obtain the best possible value for
HeartWare shareholders before entering into an agreement with Medtronic.
According to Yahoo! Finance, at least one analyst has issued a
price target for HeartWare stock at $60.00 per share.
If you own the common stock of HeartWare and purchased your shares
before June 27, 2016, 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 Seth D. Rigrodsky or Gina
M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120,
Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com,
or at: http://rigrodskylong.com/investigations/heartware-international-inc-htwr-buyout.
Rigrodsky
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160627005930/en/
Contacts:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888)
969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
Source: Rigrodsky & Long, P.A.
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