SAN DIEGO, Jan. 9, 2017 /PRNewswire/ -- Shareholder rights
law firm Johnson & Weaver, LLP has launched an investigation
into whether the board members of VCA Inc. (NASDAQ: WOOF) breached
their fiduciary duties in connection with the proposed sale of the
Company to Mars, Incorporated. VCA operates as an animal healthcare
company in the United States and
Canada.
On January 9, 2017, VCA announced
it had signed a definitive merger agreement with Mars. Under terms
of the agreement, Mars will acquire all of the outstanding shares
of VCA for $93 per share.
The investigation concerns whether the VCA board failed to
satisfy their duties to the Company shareholders, including whether
the board adequately pursued alternatives to the acquisition and
whether the board obtained the best price possible for VCA shares
of common stock. Nationally recognized Johnson & Weaver is
investigating whether the proposed deal price represents adequate
consideration.
If you are a shareholder of VCA and believe the proposed
buyout price is too low and you're interested in learning more
about the investigation or your legal rights and remedies, please
contact lead analyst Jim Baker
(jimb@johnsonandweaver.com) at 619-814-4471.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder
rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonandweaver.com. Attorney advertising. Past results
do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
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SOURCE Johnson & Weaver, LLP