SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Keryx Biopharmaceuticals, Inc. Merger
KERYX BIOPHARMACEUTICALS (KERX)
Last keryx biopharmaceuticals earnings: 11/8 04:30 pm
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US:NASDAQ Investor Relations:
investors.keryx.com/investor-overview
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Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors (“Board”) of Keryx Biopharmaceuticals, Inc. (“Keryx” or the “Company”) (NASDAQ CM: KERX) related to the Company’s entry into an agreement to merge with Akebia Therapeutics, Inc. (“Akebia”) (NASDAQ GM: AKBA) in a transaction announced on June 28, 2018 (the “Proposed Transaction”). On June 28, 2018, the Board caused Keryx to enter into an agreement and plan of merger (the “Merger Agreement”) with Akebia. Pursuant to the terms of the Merger Agreement, shareholders of Keryx will receive 0.37433 common shares of Akebia for each share of Keryx they own. On October 1, 2018, Akebia filed a Form S-4 Registration Statement (“Registration Statement”) with the United States Securities and Exchange Commission (“SEC”) in connection with the Proposed Transaction,
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