NEW YORK, Jan. 18, 2017 /PRNewswire/ -- WeissLaw LLP is
investigating possible breaches of fiduciary duty and other
violations of law by the Board of Directors of VCA, Inc. (NASDAQ:
WOOF) ("WOOF" or the "Company") in connection with the proposed
acquisition of the Company by Mars Incorporated ("Mars"). On
January 9, 2017, Mars announced a
definitive agreement to acquire all outstanding shares of WOOF in a
transaction valued at approximately $9.1
billion. Under the terms of the agreement, the
Company's shareholders will receive $93.00 in cash for each WOOF share they own.
WeissLaw is investigating whether WOOF's Board acted to maximize
shareholder value prior to entering into the agreement.
Notably, Mars, a leader in the food industry, through the
acquisition of WOOF will gain a dominant position in the rapidly
growing pet care industry. Further, WOOF recently announced
positive financial results for the third quarter of 2016. It
reported revenue increased 19.1% to $656.9
million, representing the Company's eighth consecutive
quarter of double digit growth in revenue.
Given these facts, WeissLaw is investigating whether WOOF's
Board acted in the best interests of WOOF's public shareholders to
maximize shareholder value prior to entering into the
agreement. If you own WOOF shares and would like more
information about your rights or our investigation, or if you have
information to share with us, please contact Joshua Rubin by telephone at
(888) 593-4771 or by email at
stockinfo@weisslawllp.com.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com or fill out the form
on our website, http://weisslawllp.com/vca-inc/
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SOURCE WeissLaw LLP