NEW YORK, June 20, 2017 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims
against the board of directors of PAREXEL International Corporation
("PAREXEL" or the "Company") (NASDAQ: PRXL) concerning the proposed
acquisition of the Company by Pamplona Capital
Management, LLP ("Pamplona").
Under the terms of the offer, Pamplona would
acquire PAREXEL for approximately $5 billion. Pursuant to the terms of the
transaction, common shareholders of PAREXEL will receive
$88.10 per share owned.
At least one Wall Street analyst has set a price target for
PAREXEL stock of $90 per
share.
Our investigation concerns whether the PAREXEL board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company
stockholders.
If you own PAREXEL shares and wish to discuss
this matter with us, or have any questions concerning your rights
and interests with regard to this matter, please
contact:
Robert I. Harwood,
Esq.
Benjamin I.
Sachs-Michaels, Esq.
Harwood Feffer
LLP
488 Madison Avenue
New York, New York 10022
Phone
Numbers: (877)
935-7400
(212) 935-7400
Email:
bsachsmichaels@hfesq.com
Website:
http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many
years, serving as lead counsel in numerous cases in
federal and state courts. Please visit the Harwood Feffer LLP
website (http://www.hfesq.com) for
more information about the firm.
Attorney Advertising. The law firm responsible for
this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not
guarantee or predict a similar outcome with respect to
any future matter.
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SOURCE Harwood Feffer LLP