Finkelstein Thompson LLP Announces Investigation of NightHawk Radiology
September 29 2010 - 2:55PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of NightHawk Radiology (“NightHawk or the
“Company”) (NASDAQ: NHWK) concerning the proposed acquisition of
the Company by Virtual Radiologic. Under the terms of the offer,
NightHawk shareholders will receive $6.50 in cash for each share of
the Company's common stock held in a transaction valued at
approximately $170 million.
The investigation is focused on the potential unfairness of the
price to NightHawk shareholders, the process by which the Board of
Directors considered the transaction, and potential conflicts of
interests among the Company’s Board members. In particular,
although shareholders will receive $6.50 in cash per share, shares
of NightHawk stock traded over $7.00 a share within the past
year.
If you are interested in discussing your rights as a NightHawk
shareholder, or have information relating to this investigation,
please contact Finkelstein Thompson's Washington, DC offices at
(877) 337-1050 or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
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