|[January 02, 2014]
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Patient Safety Technologies, Inc. Stockholders
NEW YORK --(Business Wire)--
Kirby McInerney LLP is investigating potential claims against the Board
of Directors of Patient Safety Technologies, Inc. ("Patient" or the
"Company") (OTC:PSTX) concerning the proposed acquisition of the Company
by Stryker Corporation ("Stryker") (NYSE:SYK). Under the terms of the
definitive merger agreement, Patient stockholders will receive $2.22 in
cash for each share of Patient owned, valuing the transaction at
approximately $120 million.
The investigation concerns whether the Patient Board of Directors
violated its fiduciary duties by agreeing to the proposed transaction
and whether the $2.22 per shar proposed consideration adequately values
Patient's common stock.
If you are a Patient stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email at email@example.com,
by telephone at (212) 699-1145 or (888) 529-4787, or by filling
out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
[ Back To Technology News's Homepage ]