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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Mirage Energy Corporation (CE) | USOTC:MRGE | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0445 | 890.00% | 0.0495 | 0.0495 | 0.0495 | 0.0495 | 280 | 20:47:17 |
NEW YORK, Aug. 10, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Merge Healthcare Incorporated ("Merge" or the "Company") (NASDAQ:MRGE) for potential breaches of fiduciary duties in connection with the sale of the Company to IBM for approximately $1 billion in a cash transaction.
The Company's stockholders will only receive $7.13 for each share of Company common stock they own. However, the offer represents a negligible premium compared to the opening price of $7.09 on August 10, 2015.
Click here for more information: www.faruqilaw.com/MRGE. There is no cost or obligation to you.
The investigation focuses on whether Merge's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Merge's shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.
If you own common stock in Merge and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/MRGE or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/merge-shareholder-notice-faruqi--faruqi-llp-announces-the-investigation-of-merge-healthcare-incorporated-mrge-over-the-proposed-sale-of-the-company-to-ibm-300126308.html
SOURCE Faruqi & Faruqi, LLP
Copyright 2015 PR Newswire
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