IMS HEALTH HOLDINGS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
May 04 2016 - 4:40PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of IMS Health
Holdings, Inc. (NYSE: IMS)?
- Did you purchase any of your shares
prior to May 3, 2016?
- Do you think the proposed buyout
value 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 IMS Health
Holdings, Inc. (“IMS Health” or the “Company”) (NYSE: IMS)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Quintiles Transnational Holdings Inc.
(“Quintiles”) (NYSE: Q).
Click here to learn more:
http://rigrodskylong.com/investigations/ims-health-holdings-inc-ims.
Under the terms of the agreement, shareholders of IMS Health
will receive 0.384 shares of Quintiles common stock for each share
of IMS Health they own. Based on Quintiles’s closing stock
price on May 2, 2016, IMS Health shareholders would have received
compensation valued at approximately $26.53 per share.
The investigation concerns whether IMS Health’s board of
directors failed to adequately shop the Company and obtain the best
possible value for IMS Health’s shareholders before entering into
an agreement with Quintiles. According to Yahoo! Finance, at least
one analyst has issued a price target for IMS Health stock at
$35.00 per share.
If you own the common stock of IMS Health and purchased your
shares before May 3, 2016, 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/ims-health-holdings-inc-ims.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160504006802/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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