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ADPI American Dental Partners, Inc. (MM)

18.99
0.00 (0.00%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
American Dental Partners, Inc. (MM) NASDAQ:ADPI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.99 0 01:00:00

Glancy Binkow & Goldberg LLP Announces Investigation of American Dental Partners, Inc.

09/11/2011 12:44am

Business Wire


American Dental Partners (NASDAQ:ADPI)
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Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of American Dental Partners, Inc. (“American Dental” or the “Company”) (NASDAQ:ADPI) related to the proposed acquisition of the Company by an affiliate of JLL Partners, Inc. The transaction is valued at approximately $385 million or $19.00 per share.

The investigation concerns whether the Board of Directors of American Dental breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. At least one analyst has set a target price for the Company’s stock at $20.00.

If you are a shareholder of American Dental, 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 Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to shareholders@glancylaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

1 Year American Dental Partners Chart

1 Year American Dental Partners Chart

1 Month American Dental Partners Chart

1 Month American Dental Partners Chart