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Share Name | Share Symbol | Market | Type |
---|---|---|---|
National Dentex Corp (MM) | NASDAQ:NADX | 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% | 16.99 | 0 | 01:00:00 |
Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of National Dentex Corporation (“National Dentex” or the “Company”) (NASDAQ:NADX), related to the Company’s agreement to be acquired by GDC Holdings, Inc. (“GDC”), a holding company of GeoDigm Corporation (GeoDigm) and portfolio company of private equity firm Welsh, Carson, Anderson & Stowe XI, L.P. The all-cash transaction is valued at approximately $100 million.
Under the terms of the definitive agreement and plan of merger entered into by the parties, National Dentex shareholders will receive $17.00 in cash for each share of National Dentex common stock they own. Upon completion of the merger, National Dentex will merge with a subsidiary of GDC and become a private company and wholly owned subsidiary of GeoDigm. The transaction is expected to close at the end of the quarter ending June 30, 2010. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by National Dentex’s board of directors.
If you own shares of National Dentex, 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.
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