Harwood Feffer LLP Announces Investigation of PAREXEL International Corporation
PAREXEL INTL (PRXL)
Last parexel intl earnings: 8/28 06:21 pm
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US:NASDAQ Investor Relations:
parexel.com/etc/ir
Company Research
Source: PR Newswire
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 r
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