Ryan & Maniskas, LLP Announces Investigation of American Dental Partners, Inc.
November 14 2011 - 8:11PM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/adpi) is
investigating potential claims against the board of directors of
American Dental Partners, Inc. ("American Dental Partners" or the
"Company") (NASDAQ: ADPI) concerning possible breaches of fiduciary
duty and other violations of law related to the Company’s efforts
to sell American Dental Partners to funds affiliated with JLL
Partners, Inc. in a transaction valued at $398 million.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to the approval of the
transaction by Company’s board of directors; in particular, whether
the Company undertook a fair process to obtain fair consideration
for all shareholders of American Dental Partners. For more
information regarding our investigation, please contact Ryan &
Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877)
316-3218 or by email at rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/adpi.
Under the terms of the definitive agreement, American Dental
Partners shareholders will receive $19.00 in cash for each share of
American Dental Partners common stock they own.
If you own shares of American Dental Partners and would like to
learn more about these claims or if you wish to discuss these
matters and have any questions concerning this announcement or your
rights, contact Richard A. Maniskas, Esquire toll-free at (877)
316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/adpi. You may also email Mr. Maniskas at
rmaniskas@rmclasslaw.com. For more information about class action
cases in general, please visit our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide.
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