ARIAD PHARMACEUTICALS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
January 09 2017 - 12:46PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of ARIAD
Pharmaceuticals, Inc. (NASDAQ GS: ARIA)?
- Did you purchase any of your shares
prior to January 9, 2017?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of ARIAD
Pharmaceuticals, Inc. (“ARIAD” or the “Company”) (NASDAQ GS: ARIA)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Takeda Pharmaceutical Company Limited (“Takeda”),
in a transaction valued at approximately $5.2 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/ariad-pharmaceuticals-inc-aria.
Under the terms of the agreement, shareholders of ARIAD will
receive $24.00 in cash for each share of ARIAD common stock.
The investigation concerns whether ARIAD’s board of directors
failed to adequately shop the Company and obtain the best possible
value for ARIAD shareholders before entering into an agreement with
Takeda.
If you own the common stock of ARIAD and purchased your shares
before January 9, 2017, if you have information or would like to
learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/ariad-pharmaceuticals-inc-aria.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170109006137/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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