Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of LDR Holding Corporation (NASDAQ: LDRH) acted responsibly on behalf of investors’ profitability in the planned $1.0 billion sale to Zimmer Biomet Holdings Inc (NYSE: ZBH).
On June 07, 2016, LDR Holding Corporation (NASDAQ: LDRH) and Zimmer Biomet Holdings Inc (NYSE: ZBH) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Zimmer Biomet Holdings will offer LDR Holding shareholders $37.00 per share in cash for all outstanding shares.
Based in Austin, Texas, and founded in 2000 LDR Holding Corporation focuses on designing and commercializing numerous surgical technologies for the treatment of patients suffering from spine disorders.
The investigation is looking to uncover whether LDR Holding Corporation was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $40.00 per share.
If you purchased LDR Holding Corporation (NASDAQ: LDRH) prior to June 07, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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