Bull & Lifshitz, LLP Announces Investigation of the Acquisition of Virtual Radiologic Corporation by Providence Equity Partners
27 Mai 2010 - 11:16PM
Business Wire
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
acquisition of Virtual Radiologic Corporation (NASDAQ: VRAD - News)
(referred to as "vRad" or the “Company”) by Providence Equity
Partners (referred to as "Providence") in a cash transaction with
an enterprise value of approximately $294 Million.
Under the terms and conditions of the merger agreement,
Providence will acquire all of the outstanding common stock of vRad
for $17.25 per share in cash.
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 vRad 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 vRad and would like more information
about our investigation, please contact Joshua M. Lifshitz, 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 vRad.
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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