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STJ ST. Jude Medical, Inc.

80.82
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
ST. Jude Medical, Inc. NYSE:STJ NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 80.82 0 01:00:00

ST. JUDE MEDICAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of ...

02/05/2016 6:59pm

PR Newswire (US)


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NEW ORLEANS, May 2, 2016 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of St. Jude Medical, Inc. ("St. Jude Medical" or the "Company") (NYSE: STJ) to Abbott Laboratories (NYSE: ABT). Under the terms of the proposed transaction, shareholders of St. Jude Medical will receive only $46.75 in cash and 0.8708 shares of Abbott common stock for each share of St. Jude Medical that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/st-jude-medical-investor-alert-by-the-former-attorney-general-of-louisiana-kahn-swick--foti-llc-investigates-adequacy-of-price-and-process-in-proposed-sale-of-st-jude-medical-inc-300260982.html

SOURCE Kahn Swick & Foti, LLC

Copyright 2016 PR Newswire

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