|[June 26, 2014]
EQUITY ALERT: The Rosen Law Firm Announces Investigation of Medical Action Industries Inc. (MDCI) Concerning the Proposed Acquisition by Owens & Minor, Inc. (OMI)
NEW YORK --(Business Wire)--
The Rosen Law Firm, P.A. is investigating the Board of Directors of
Medical Action Industries Inc. (NASDAQ:MDCI) for possible breaches of
fiduciary duties and other violations of law by failing to adequately
shop Medical Action Industries to maximize shareholder value before
entering into an agreement with Owens & Minor Inc. (NYSE:OMI).
If you would like to join the action, please call Phillip Kim, Esq. or
Kevin Chan, Esq. toll-free, at 866-767-3653; or email at firstname.lastname@example.org
or email@example.com. There
is no cost or obligation to you.
Under the terms of the proposed transaction, sharehlders will receive
$13.80 in cash for each share of Medical Action Industries stock they
own. The proposed transaction is valued at approximately $208 million.
The investigation relates to whether the proposal is fair to public
shareholders and whether Medical Action Industries' Board of Directors
breached its fiduciary duties in connection with the proposed
If you own and purchased Medical Action Industries common stock before
June 25, 2014 and wish to obtain additional information, please visit
the website at http://rosenlegal.com/buyoutcases.html.
You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen
Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
Attorney Advertising. Prior results do not guarantee a similar outcome.
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