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GXDX Genoptix, Inc. (MM)

25.00
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Genoptix, Inc. (MM) NASDAQ:GXDX 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% 25.00 0 01:00:00

Bull & Lifshitz, LLP Announces Investigation of the Acquisition of Genoptix, Inc.

29/01/2011 3:01pm

Business Wire


Genoptix, Inc. (MM) (NASDAQ:GXDX)
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Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of Genoptix, Inc. (NASDAQ: GXDX - News) (referred to as "Genoptix" or the “Company”) by Novartis Finance Corporation (“Novartis”) in a cash transaction valued at approximately $470 million and an enterprise value of $330 million.

Under the terms of the merger agreement, Novartis will commence an all cash tender offer for all outstanding shares of common stock of Genoptix at $25.00 per share.

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 Genoptix 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 Genoptix 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 Genoptix.

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. © 2011 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.

1 Year Genoptix, Inc. (MM) Chart

1 Year Genoptix, Inc. (MM) Chart

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1 Month Genoptix, Inc. (MM) Chart

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