Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Analogic Corporation (NASDAQ: ALOG) acted responsibly on behalf of investors’ profitability in the planned sale to Altaris Capital Partners LLC.
On April 10, 2018, Analogic Corporation (NASDAQ: ALOG) and Altaris Capital Partners LLC announced that they had entered into a merger agreement. Under the terms of the merger agreement, Altaris will offer Analogic shareholders $84 per share in cash for all outstanding shares.
Based in Peabody, Massachusetts, and founded in 1967 Analogic Corporation designs, manufactures, and sells medical imaging systems, ultrasound and security systems, and subsystems to original equipment manufacturers and end users mainly for the medical and airport security markets globally.
The investigation is looking to uncover whether Analogic Corporation was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $95.00 per share.
If you purchased Analogic Corporation (NASDAQ: ALOG) prior to April 10, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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