Kendall Law Group Investigates ZOLL Medical Corporation

Loading...
Loading...
DALLAS--(BUSINESS WIRE)--

Kendall Law Group, led by former federal judge Joe Kendall, is investigating ZOLL Medical Corporation ZOLL for shareholders in connection with the proposed acquisition by Asahi Kasei Corporation. The national securities firm's investigation seeks to determine whether ZOLL and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a ZOLL shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at investor@kendalllawgroup.com.

On March 12, 2012, the companies announced the definitive merger agreement under which ZOLL would be acquired by Asahi Kasei, in a transaction valued at approximately $2.21 billion. Under the terms of the agreement, ZOLL stockholders will receive $93.00 in cash for each share of ZOLL common stock held. According to Thompson/First Call, at least one analyst has set a price target of $100.00 per share for ZOLL's stock. The firm's investigation seeks to determine whether ZOLL and its Board undertook a fair process in negotiating the deal.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.

Kendall Law Group LLP
Daniel Hill, 214-744-3000
877-744-3728 Toll Free
214-744-3015 Facsimile
investor@kendalllawgroup.com
www.kendalllawgroup.com

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...