NEW YORK, March 30, 2015 /PRNewswire/ -- Tripp Levy
PLLC, a leading national securities and shareholder rights law
firm, announces that it is investigating the acquisition of
Catamaran Corp. (NASDAQ: "CTRX") (TSX: "CCT") ("Catamaran" or
the "Company") on behalf of its shareholders. OptumRX will
acquire all of Catamaran's outstanding common stock for
$61.50 per share.
Our investigation has determined that the offer price of only
$61.50 per share unfairly
under-values the true going forward inherent value of Catamaran and
that shareholders are not receiving the maximum value for their
shares. Indeed, among other things, analysts have projected
that Catamaran's stock is worth at least $66 per share. The investigation further
seeks to determine whether senior management of Catamaran are
acting in their own self-interests at the expense of
shareholders. Mark Thierer,
Catamaran's Chairman and CEO, will server as CEO of OptumRx, and
Jeff Park, who servers as
Catamaran's executive vice president, Operations, will become the
COO of OptumRx.
If you are a shareholder of Catamaran and would like additional
information as to how the acquisition may affect your rights as a
shareholder, and how you may be eligible to obtain a higher price
for your shares, please call us at no cost at:
Tripp Levy PLLC
New York, New
York
Toll free: 800-511-7037
International: 602-241-2841
Email: contact@tripplevy.com
www.tripplevy.com/participate-in-an-action
Tripp Levy PLLC represents individual and institutional
shareholders in mergers and acquisitions transactions and, along
with its affiliate, has recovered billions of dollars for
shareholders in securities actions around the globe. Tripp Levy
PLLC is affiliated with the law firm Milberg LLP. The
National Law Journal has named Milberg one of the "50 Elite Trial
Lawyer Firms" and one of the "50 Leading Plaintiff Firms in
America." Attorney advertising. Prior results do not
indicate a similar outcome.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/catamaran-shareholder-alert---national-securities-law-firm-seeks-higher-price-for-shareholders-in-connection-with-acquisition-encourages-shareholders-to-contact-law-firm-for-more-information-300057481.html
SOURCE Tripp Levy PLLC
