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WMGI Wright Medical Group NV

29.98
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Wright Medical Group NV NASDAQ:WMGI 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% 29.98 30.05 30.59 0 01:00:00

SHAREHOLDER ALERT: WeissLaw LLP Investigates Wright Medical Group N.V.

17/01/2020 6:16pm

PR Newswire (US)


Wright Medical Group NV (NASDAQ:WMGI)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Wright Medical Group NV Charts.

NEW YORK, Jan. 17, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Wright Medical Group N.V. ("WMGI" or the "Company") (NASDAQ: WMGI) in connection with the proposed acquisition of the Company by Stryker Corporation ("SYK") (NYSE: SYK). Under the terms of the acquisition agreement, SKY will acquire all outstanding WMGI shares for $30.75 in cash.

WeissLaw LLP (PRNewsfoto/WeissLaw LLP)

If you own WMGI shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

http://www.weisslawllp.com/wright-medical-group-nv/

Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com

WeissLaw is investigating whether WMGI's Board acted to maximize shareholder value prior to entering into the acquisition agreement. Notably, prior to the acquisition announcement, WMGI shares traded for $32.83, or approximately $2.00 above the per-share offer price. Furthermore, WMGI shares have performed strongly in the past year, up 13.61% in the last six months alone, with a 52-week high of $32.86

Given these facts, WeissLaw is concerned whether the proposed acquisition undervalues the Company, and whether all material information related to the proposed acquisition is fully and fairly disclosed. 

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-investigates-wright-medical-group-nv-300989017.html

SOURCE WeissLaw LLP

Copyright 2020 PR Newswire

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