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IMI Intermolecular Inc

1.195
0.00 (0.00%)
Pre Market
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intermolecular Inc NASDAQ:IMI 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% 1.195 1.19 1.20 0 00:00:00

WeissLaw LLP Investigates Intermolecular, Inc. Acquisition

16/05/2019 2:01am

PR Newswire (US)


Intermolecular (NASDAQ:IMI)
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NEW YORK, May 15, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Intermolecular, Inc. ("Intermolecular" or the "Company") (NASDAQ: IMI) in connection with the proposed acquisition of the Company by a wholly owned subsidiary of Merck KGaA.  Under the terms of the acquisition agreement valued at $62 million, shareholders will receive $1.20 per share in cash. 

WeissLaw LLP (PRNewsfoto/WeissLaw LLP)

If you own IMI shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, please contact:

Joshua Rubin
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com

Visit our website
http://www.weisslawllp.com/

Or follow us on Twitter @MarketsAlert

WeissLaw is investigating whether Intermolecular's Board acted to maximize shareholder value prior to entering into the agreement. 

WeissLaw is concentrating its investigation on whether Intermolecular's Board conducted a fair process in agreeing to the proposed acquisition, and whether the proposed acquisition undervalues the Company. 

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/weisslaw-llp-investigates-intermolecular-inc-acquisition-300851308.html

SOURCE WeissLaw LLP

Copyright 2019 PR Newswire

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