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NADX National Dentex Corp (MM)

16.99
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
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

Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of National Dentex Corporation - NADX

07/04/2010 4:57pm

Business Wire


National Dentex (NASDAQ:NADX)
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From Jun 2019 to Jun 2024

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Levi & Korsinsky is investigating the Board of Directors of National Dentex Corporation (“National Dentex” or the “Company”) (NasdaqGM: NADX) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to GDC Holdings, Inc., a holding company of GeoDigm Corporation ("GeoDigm"), a technology based manufacturing and laboratory company and a portfolio company of Welsh, Carson, Anderson & Stowe XI, L.P. Under the terms of the transaction, National Dentex shareholders will receive $17.00 in cash for each National Dentex share of common stock they own for a total transaction value of approximately $100 million.

The investigation concerns whether the National Dentex Board of Directors breached their fiduciary duties to National Dentex stockholders by failing to adequately shop the Company before entering into this transaction and whether GeoDigm is underpaying for National Dentex shares, thus unlawfully harming National Dentex stockholders.

If you own common stock in National Dentex and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/nadx1.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.

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