Kendall Law Group Investigates NightHawk Radiology Holdings Acquisition for Shareholders
27 Septembre 2010 - 5:50PM
Business Wire
Kendall Law Group, led by former federal judge Joe Kendall, is
investigating NightHawk (NASDAQ: NHWK) for shareholders in
connection with the proposed acquisition by Virtual Radiologic. The
national securities firm’s investigation seeks to determine whether
NightHawk and its Board breached their fiduciary duties by entering
into the agreement without properly shopping for a deal that would
provide better value for shareholders. If you are a NightHawk
shareholder and would like additional information about your
rights, contact the Kendall Law Group at 877-744-3728 or by email
at skendall@kendalllawgroup.com.
On September 27, 2010, the companies announced their definitive
merger agreement under which NightHawk would be acquired by Virtual
Radiologic in a transaction valued at approximately $170 million.
Under the terms of the agreement, NightHawk stockholders will
receive $6.50 in cash for each share of NightHawk/NHWK common stock
held. The firm’s investigation seeks to determine whether the
transaction is providing the best value for shareholders.
Kendall Law Group was founded by a former federal judge,
includes a former United States Attorney, prosecutors and
securities lawyers who are experienced in complex securities
litigation. The firm has been counsel in numerous merger and
acquisition cases nationwide, including some of the largest
transactions in the United States.
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