BALA CYNWYD, Pa., June 27, 2014 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Medical Action
Industries, Inc. ("MDCI" or the "Company") (Nasdaq –MDCI) relating
to the proposed acquisition by Owen & Minor, Inc.
("Owens").
Click here to learn more about the investigation
http://brodsky-smith.com/780-mdci-medical-action-industries-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, MDCI shareholders will
receive only $13.80 in cash for each
share of MDCI stock they own. The proposed transaction is valued at
approximately $208 million. The
investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of MDCI for
not acting in the Company's shareholders' best interests in
connection with the sale process.
If you own shares of MDCI common stock and wish to discuss the
legal ramifications of the investigation, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L.
Brodsky, Esquire or Evan J. Smith,
Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by
e-mail at investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/780-mdci-medical-action-industries-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
SOURCE Brodsky & Smith, LLC