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MDNU Medical Nutrition Usa (MM)

3.98
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Medical Nutrition Usa (MM) NASDAQ:MDNU 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% 3.98 0 01:00:00

Ryan & Maniskas, LLP Announces Investigation of Medical Nutrition USA, Inc.

11/06/2010 8:15pm

Business Wire


Medical Nutrition Usa (MM) (NASDAQ:MDNU)
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Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/mdnu) is investigating potential claims against the board of directors of Medical Nutrition USA, Inc. ("Medical Nutrition" or the "Company") (NASDAQ: MDNU) concerning possible breaches of fiduciary duty and other violations of law related to the Company's entry into an agreement to be acquired by Danone North America, Inc. ("Danone"), in a transaction valued at approximately $62.3 million.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of Medical Nutrition. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/mdnu.

Under the terms of the transaction, Medical Nutrition shareholders will receive $4.00 in cash for each Medical Nutrition share of common stock they own.

If you own shares of Medical Nutrition and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/mdnu. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan and Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

1 Year Medical Nutrition Usa (MM) Chart

1 Year Medical Nutrition Usa (MM) Chart

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1 Month Medical Nutrition Usa (MM) Chart

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