Bull & Lifshitz, LLP Announces Investigation of the Acquisition of NightHawk Radiology Holdings, Inc.
October 23 2010 - 7:12AM
Business Wire
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
acquisition of NightHawk Radiology Holdings, Inc. (NASDAQ: NHWK -
News) (referred to as "NightHawk" or the “Company”) by Virtual
Radiologic Corp. ("vRad") in a cash transaction valued at
approximately $170 million.
Under the terms of the definitive agreement shareholders of
NightHawk will receive $6.50 per share in cash. The transaction is
expected to be completed in the first quarter of 2011, subject to
customary closing conditions, including the approval of NightHawk's
stockholders.
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 NHWK 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 holder of NightHawk stock 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 NightHawk.
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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