BALA CYNWYD, Pa.,
July 3, 2012 /PRNewswire/ -- Law
office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Lincare Holdings, Inc. ("Lincare" or the "Company") (Nasdaq-
LNCR-News) relating to the proposed acquisition by Linde AG.
("Linde").
Under the terms of the transaction, Lincare shareholders will
receive only $41.50 in cash for each
of Lincare stock they own. The investigation concerns possible
breaches of fiduciary duty and other violations of state law by the
Board of Directors of Lincare for not acting in the Company's
shareholders' best interests in connection with the sale process to
Linde. The Board of Directors may have failed to adequately shop
the Company and may have undervalued Lincare resulting in harm to
the Lincare shareholders.
If you own shares of Lincare stock 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, visiting
http://brodsky-smith.com/445-lncr-lincare-holdings-inc.html, or by
calling toll free 877-LEGAL-90.
SOURCE Brodsky & Smith, LLC
