Glancy Binkow & Goldberg LLP is Investigating Durata Therapeutics, Inc. Board of Directors
06 Octobre 2014 - 7:22PM
Business Wire
Glancy Binkow & Goldberg LLP is investigating potential
claims against the Board of Directors of Durata Therapeutics, Inc.
(“Durata” or the “Company”) (NASDAQ:DRTX) related to the proposed
acquisition of the Company by Actavis PLC. The transaction is
valued at approximately $675 million, or $23.00 per share.
This investigation concerns whether the Board of Directors of
Durata breached their fiduciary duties to stockholders by failing
to adequately shop the Company before agreeing to enter into the
proposed transaction, and whether the Company has disclosed all
material information to shareholders about the transaction.
Further, at least one analyst has set a target price for the
Company’s stock at $26.00 per share.
If you are a shareholder of Durata, if you have information or
would like to learn more about our investigation, or if you wish to
discuss your rights or interests with respect to these matters,
please contact Louis Boyarsky, Esquire, Glancy Binkow &
Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA
90067, by telephone at (310) 201-9150 or Toll Free at (888)
773-9224 or by email to shareholders@glancylaw.com. This press
release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Glancy Binkow & Goldberg LLPLouis Boyarsky, Esquire(310)
201-9150Toll Free: (888) 773-9224shareholders@glancylaw.com
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