Talecris Biotherapeutics Holding Corp. Merger Litigation
Law Office of Brodsky & Smith, LLC Announces Investigation of Talecris Biotherapeutics Holding Corp.
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Talecris Biotherapeutics Holding Corp. (“Talecris” or the “Company”) (Nasdaq: TLCR – News) relating to the proposed acquisition of Talecris by Grifols S.A. (“Grifols”). Under the terms of the agreement, Talecris shareholders would receive $19.00 in cash and 0.641 newly-issued non-voting Grifols’ shares for each share of Talecris common stock they own.
The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the Talecris board’s approval of the proposed transaction. The transaction appears to be unfair, in part, given that Talecris stock was trading at $24.12 a share as recently as February 2, 2010 and an analyst placed a $30 per share price target on Talecris.
If you own shares of Talecris and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90.
To Join the Talecris Biotherapeutics Holding Corp. Litigation
-
Fill out this form
View Complaint
The complaint is unavailable at this time
Join Other Cases
Frequently Asked Questions