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VPHM Viropharma Incorporated (MM)

49.98
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Viropharma Incorporated (MM) NASDAQ:VPHM 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% 49.98 0 01:00:00

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims That the Merger May Not Be in the Best Interest of Investors of Vir...

13/11/2013 8:15pm

PR Newswire (US)


Viropharma Incorporated (MM) (NASDAQ:VPHM)
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From Jul 2019 to Jul 2024

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NEW YORK, Nov. 13, 2013 /PRNewswire/ -- Pomerantz Grossman Hufford Dahlstrom & Gross LLP is investigating claims on behalf of investors of ViroPharma, Inc. ("ViroPharma" or the "Company") (NASDAQ: VPHM) (ISIN: US9282411084) (CUSIP: 928241108) concerning the proposed acquisition of ViroPharma by Shire Plc.

The investigation concerns whether the ViroPharma directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value.  Under the terms of the agreement, ViroPharma shareholders will receive $50.00 per share in cash for each share of ViroPharma common stock. However, (i) the price to Revenue multiple is below the average of comparable transactions; (ii) synergies may not be fully reflected in offered price; and (iii) the current Management team may stay on after the merger.

ViroPharma shareholders seeking more information about this acquisition are advised to contact Robert Willoughby at rswilloughby@pomlaw.com or 212-661-1100 or 888-476-6529, ext. 237.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and San Diego, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 75 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of defrauded investors. See www.pomerantzlaw.com.

CONTACT:
Robert Willoughby
Pomerantz Grossman Hufford Dahlstrom & Gross LLP
212-661-1100 ext. 237
rswilloughby@pomlaw.com

SOURCE Pomerantz Grossman Hufford Dahlstrom & Gross LLP

Copyright 2013 PR Newswire

1 Year Viropharma Incorporated (MM) Chart

1 Year Viropharma Incorporated (MM) Chart

1 Month Viropharma Incorporated (MM) Chart

1 Month Viropharma Incorporated (MM) Chart

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