EQUITY ALERT: The Rosen Law Firm Announces Investigation of Cellular Dynamics International, Inc. Concerning its Proposed Sal...
April 01 2015 - 7:19PM
Business Wire
The Rosen Law Firm, P.A., a global investor rights law firm,
announces that it is investigating the Board of Directors of
Cellular Dynamics International, Inc. (NASDAQ:ICEL) for possible
breaches of fiduciary duty and other violations of law by failing
to adequately shop Cellular Dynamics to maximize shareholder value
before agreeing to be acquired by Fujifilm Holdings
Corporation.
If you would like to join the action, go to
http://rosenlegal.com/cases-565.html or contact Phillip Kim or
Kevin Chan toll-free at 866-767-3653 or via e-mail at
pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or
obligation to you.
Under the terms of the proposed transaction, shareholders will
receive $16.50 in cash for each share of Cellular Dynamics common
stock they own. The proposed transaction is valued at approximately
$307 million. The investigation relates to whether the proposal is
fair to the public shareholders of Cellular Dynamics and whether
Cellular Dynamics’ Board breached its fiduciary duties in
connection with the proposed sale.
If you currently own shares of Cellular Dynamics and wish to
obtain additional information, please visit the website at
http://rosenlegal.com/cases-565.html. You may also contact Phillip
Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653
or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
-------------------------------
Phillip Kim, Esq.Kevin Chan, Esq.Laurence Rosen, Esq.The Rosen
Law Firm, P.A.275 Madison Avenue, 34th FloorNew York, NY 10016Tel:
(212) 686-1060Toll Free: 1-866-767-3653Fax: (212)
202-3827pkim@rosenlegal.comkchan@rosenlegal.comlrosen@rosenlegal.comwww.rosenlegal.com
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