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TMCNet:  Nordion Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by Sterigenics

[March 31, 2014]

Nordion Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by Sterigenics

DALLAS --(Business Wire)--

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Nordion Inc. ("Nordion") (NYSE: NDZ) related to the acquisition by Sterigenics for shareholders. Under the terms of the definitive agreement valued at approximately $727 million, consideration will consist of $11.75 per share in cash, which is well below at least one analyst's estimated value of $13.00 per shre.


If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Patrick Powers at Powers Taylor LLP, toll free (877) 728-9607, via e-mail at shareholder@powerstaylor.com. There is no cost or fee to you.

The Nordion investigation centers on whether Nordion's shareholders are receiving adequate compensation for their shares in the proposed deal, whether the transaction undervalues Nordion's stock, and whether Nordion's board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Notably, at least one analyst with Yahoo! Finance estimates the true inherent value of the company could be as high as $13 per share.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.


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