NEW YORK, Jul 14, 2010 (BUSINESS WIRE) --
Bull & Lifshitz, LLP announces an investigation into possible breaches
of fiduciary duty in connection with the proposed acquisition of Micrus
Endovascular Corporation (NASDAQ: MEND
- News)
(referred to as "Micrus Endovascular" or the "Company") by Johnson &
Johnson (NYSE: JNJ
- NEWS)
(referred to as "Johnson") in a cash transaction with an estimated value
of approximately $480 million.
Under the terms and conditions of the merger agreement, Micrus
Endovascular stockholders will receive at closing $23.40 in cash for
each Micrus Endovascular share they own.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed
deal provides adequate value to the Company's shareholders.
If you are a holder of Micrus Endovascular stock and want to discuss
your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will,
without obligation or cost to you, attempt to answer your questions.
If you are a shareholder of Micrus Endovascular and would like more
information about our investigation, please contact Peter D. Bull, Esq.
by telephone at (866) 313-6222 or by sending an e-mail including your
contact information to: counsel@nyclasslaw.com.
All e-mail correspondence should make reference to Micrus Endovascular.
Bull & Lifshitz, LLP is a New York City-based law firm with significant
experience representing investors in merger-related shareholder class
actions, shareholder derivative actions, and securities fraud class
actions. For more information about the firm, please visit our website
at www.nyclasslaw.com.
ATTORNEY ADVERTISING. (C) 2010 Bull & Lifshitz, LLP. The law
firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East
41st Street, New York, New York 10017, (212) 213-6222. Prior
results do not guarantee or predict a similar outcome with respect to
any future matter.
SOURCE: Bull & Lifshitz, LLP
Bull & Lifshitz, LLP Peter D. Bull, Esq., 212-213-6222 Fax: 212-213-9405 counsel@nyclasslaw.com
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