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SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of The Spectranetics Corporation and Encourages Investors to Contact the Firm for Additional Information
Last spectranetics earnings: 8/3 04:05 pm
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US:NASDAQ Investor Relations: philips.com/a-w/about/news/archive/standard/news/press/2017/20170628-philips-to-acquire-the-spectranetics-corporation-to-accelerate-expansion-in-image-guided-therapy-devices-to-treat-cardiac-and-peripheral-vascular-disease.html
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STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of The Spectranetics Corporation (Nasdaq: SPNC) (“Spectranetics” or the “Company”) relating to the proposed buyout of Spectranetics by Royal Philips. Under the terms of the agreement, Spectranetics shareholders are anticipated to receive $38.50 in cash for each share of Spectranetics common stock held. The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company’s shares of common stock. If you currently own common s
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