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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Solta Medical, (MM) | NASDAQ:SLTM | 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% | 2.93 | 0 | 01:00:00 |
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Solta Medical, Inc. (“Solta” or the “Company”) (NASDAQ:SLTM) concerning the proposed acquisition of the Company by Valeant Pharmaceuticals International, Inc. (“Valeant”) (NYSE:VRX). Under the terms of the definitive merger agreement, Solta stockholders will receive $2.92 in cash for each share of Solta owned, valuing the transaction at approximately $250 million.
The investigation concerns whether the Solta Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the $2.92 per share proposed consideration adequately values Solta’s common stock.
If you are a Solta stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq., 212-699-1145888-529-4787bwalker@kmllp.com
1 Year Solta Medical, (MM) Chart |
1 Month Solta Medical, (MM) Chart |
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