Bull & Lifshitz, LLP Announces Investigation of the Acquisition of Micrus Endovascular Corporation
15 July 2010 - 3:31AM
Business Wire
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
acquisition of Micrus Endovascular Corporation (NASDAQ: MEND -
News) (referred to as "Micrus Endovascular" or the “Company”) by
Johnson & Johnson (NYSE: JNJ - NEWS) (referred to as "Johnson")
in a cash transaction with an estimated value of approximately $480
million.
Under the terms and conditions of the merger agreement, Micrus
Endovascular stockholders will receive at closing $23.40 in cash
for each Micrus Endovascular share they own.
Bull & Lifshitz, LLP's investigation is focused on whether
the proposed deal provides adequate value to the Company’s
shareholders.
If you are a holder of Micrus Endovascular stock and want to
discuss your legal rights, you may e-mail or call Bull &
Lifshitz, LLP who will, without obligation or cost to you, attempt
to answer your questions.
If you are a shareholder of Micrus Endovascular and would like
more information about our investigation, please contact Peter D.
Bull, Esq. by telephone at (866) 313-6222 or by sending an e-mail
including your contact information to: counsel@nyclasslaw.com. All
e-mail correspondence should make reference to Micrus
Endovascular.
Bull & Lifshitz, LLP is a New York City-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP.
The law firm responsible for this advertisement is Bull &
Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212)
213-6222. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
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