WILMINGTON, Del., Nov. 5, 2015 /PRNewswire/ -- Rigrodsky &
Long, P.A.:
- Do you own shares of MedAssets, Inc. (NASDAQ GS:
MDAS)?
- Did you purchase any of your shares prior to November 2, 2015?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of MedAssets,
Inc. ("MedAssets" or the "Company") (NASDAQ GS: MDAS) regarding
possible breaches of fiduciary duties and other violations of law
related to the Company's entry into an agreement to be acquired by
Pamplona Capital Management ("Pamplona"), in a transaction valued
at approximately $2.7 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/medassets-inc-mdas.
Under the terms of the agreement, shareholders of MedAssets will
receive $31.35 in cash for each share
of MedAssets common stock.
The investigation concerns whether MedAssets' board of directors
failed to adequately shop the Company and obtain the best possible
value for MedAssets' shareholders before entering into an agreement
with Pamplona. According to Yahoo! Finance, at least
one analyst has issued a price target for MedAssets stock at
$33.00 per share.
If you own the common stock of MedAssets and purchased your
shares before November 2, 2015, if
you have information or would like to learn more about these
claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests
with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington,
DE 19803, by telephone at (888) 969-4242; by e-mail to
info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/medassets-inc-mdas.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes
securities class, derivative and direct actions, shareholder rights
litigation and corporate governance litigation, on behalf of
shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a
similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
To view the original version on PR Newswire,
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SOURCE Rigrodsky & Long, P.A.