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Share Name | Share Symbol | Market | Type |
---|---|---|---|
EV3 (MM) | NASDAQ:EVVV | 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% | 22.56 | 0 | 00:00:00 |
Please replace the release with the following corrected version due to multiple revisions.
The corrected release reads:
BULL & LIFSHITZ, LLP ANNOUNCES INVESTIGATION OF THE ACQUISITION OF EV3 INC. BY COVIDIEN
Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of ev3 Inc. (NASDAQ: EVVV - News) (referred to as "ev3" or the “Company”) by Covidien plc (NYSE: COV - News) (referred to as "Covidien") in a cash transaction with an enterprise value of approximately $2.6 Billion.
Under the terms of the deal, Covidien will pay $22.50 a share in cash through a tender offer for ev3's shares, followed by a merger to acquire any remaining shares. The deal is expected to be closed by July 31, 2010.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.
If you are a holder of ev3 stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.
If you are a shareholder of ev3 and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: counsel@nyclasslaw.com. All e-mail correspondence should make reference to ev3.
Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP. The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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