BIRNER DENTAL MANAGEMENT SERVICES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
BIRNER DENTAL MGMT (BDMS)
US:NASDAQ Investor Relations:
perfectteeth.com/our-company/investor-relations
Company Research
Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Birner Dental Management Services, Inc. (“Birner Dental” or the “Company”) (OTC QX: BDMS) related to the Company’s entry into an agreement to be acquired by Mid-Atlantic Dental Service Holdings LLC (“Mid-Atlantic Dental”) in a transaction announced on October 3, 2018 (the “Proposed Transaction”). On October 3, 2018, the Board caused Birner Dental to enter into an agreement and plan of merger (the “Merger Agreement”) with Mid-Atlantic Dental. Pursuant to the terms of the agreement, shareholders of Birner Dental will receive $10.62 in cash and one Contingent Value Right (CVR) for each share of Birner Dental common stock. The CVR entitles shareholders to an additional cash payment of up to $0.13 per share under certain circumstances following the closing of t
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