NEW YORK, Jan. 17, 2020 /PRNewswire/ -- WeissLaw
LLP is investigating possible breaches of fiduciary duty and
other violations of law by the Board of Directors of Wright Medical
Group N.V. ("WMGI" or the "Company") (NASDAQ: WMGI) in connection
with the proposed acquisition of the Company by Stryker Corporation
("SYK") (NYSE: SYK). Under the terms of the acquisition agreement,
SKY will acquire all outstanding WMGI shares for $30.75 in cash.
If you own WMGI shares and wish to discuss
this investigation or have any questions concerning this notice or
your rights or interests, visit our website:
http://www.weisslawllp.com/wright-medical-group-nv/
Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
WeissLaw is investigating whether WMGI's Board acted to maximize
shareholder value prior to entering into the acquisition
agreement. Notably, prior to the acquisition announcement,
WMGI shares traded for $32.83, or
approximately $2.00 above the
per-share offer price. Furthermore, WMGI shares have performed
strongly in the past year, up 13.61% in the last six months alone,
with a 52-week high of $32.86.
Given these facts, WeissLaw is concerned whether the proposed
acquisition undervalues the Company, and whether all material
information related to the proposed acquisition is fully and fairly
disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for defrauded
clients and obtained important corporate governance relief in many
of these cases. If you have information or would like legal
advice concerning possible corporate wrongdoing (including insider
trading, waste of corporate assets, accounting fraud, or materially
misleading information), consumer fraud (including false
advertising, defective products, or other deceptive business
practices), or anti-trust violations, please email us at
stockinfo@weisslawllp.com
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SOURCE WeissLaw LLP
