|[January 02, 2014]
Law Offices of Howard G. Smith Announces Investigation of Patient Safety Technologies
BENSALEM, Pa. --(Business Wire)--
Law Offices of Howard G. Smith announces that it is investigating
potential claims against the Board of Directors of Patient Safety
Technologies ("Patient Safety" or the "Company") (OTC:PSTX) related to
the proposed acquisition of the Company by Stryker Corporation. The
transaction is valued at approximately $120 million, or $2.22 per share.
This investigation concerns whether the Board of Directors of Patient
Safety breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into the propose
transaction, and whether the Company has disclosed all material
information to shareholders about the transaction.
If you are a shareholder of Patient Safety, if you have information or
would like to learn more about our investigation, or if you wish to
discuss these matters or have any questions concerning this announcement
or your rights or interests with respect to these matters, please
contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone
at (215) 638-4847, Toll Free at (888) 638-4847, or by email to email@example.com,
or visit our website at http://www.howardsmithlaw.com.
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