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SYNO Synovis Life Technologies, Inc. (MM)

28.01
0.00 (0.00%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Synovis Life Technologies, Inc. (MM) NASDAQ:SYNO 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% 28.01 0 01:00:00

MURRAY FRANK LLP Announces Investigation of Synovis Life Technologies, Inc.

05/01/2012 9:12pm

Business Wire


Synovis Life Technologies, Inc. (MM) (NASDAQ:SYNO)
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MURRAY FRANK LLP is investigating claims of breach of fiduciary duties by certain members of the board of directors of Synovis Life Technologies, Inc. (NASDAQ: SYNO) (“Synovis” or the “Company”) in relation to the acquisition of the Company by Baxter International Inc. (“Baxter”).

On December 13, 2011, Synovis and Baxter announced that they had entered into a definitive agreement pursuant to which Synovis will be acquired by Baxter, in an all-cash transaction under which Synovis stockholders will receive $28.00 in exchange for each share of Synovis common stock owned, a total value of approximately $325 million.

The investigation focuses on whether certain members of the board of directors breached their fiduciary duties in connection with their efforts to sell Synovis to Baxter at an inadequate price through an unfair process which significantly undervalues the Company.

If you are a current investor in Synovis, who purchased SYNO shares before December 13, 2011, and you wish to discuss this investigation or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Bridget V. Hamill at (800) 497-8076 or (212) 682-1818, or by email at investigations@murrayfrank.com.

1 Year Synovis Life Technologies, Inc. (MM) Chart

1 Year Synovis Life Technologies, Inc. (MM) Chart

1 Month Synovis Life Technologies, Inc. (MM) Chart

1 Month Synovis Life Technologies, Inc. (MM) Chart