CUBIST PHARMACEUTICALS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
December 11 2014 - 2:22PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Cubist
Pharmaceuticals, Inc. (NASDAQ GS: CBST)?
- Did you purchase any of your shares
prior to December 8, 2014?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Cubist
Pharmaceuticals, Inc. (“Cubist” or the “Company”) (NASDAQ GS: CBST)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company’s entry into an agreement
to be acquired by Merck & Co., Inc. (“Merck”) (NYSE: MRK), in a
transaction valued at approximately $9.5 billion.
Click here to learn more:
http://www.rigrodskylong.com/investigations/cubist-pharmaceuticals-inc-cbst.
Under the terms of the proposal, public shareholders of Cubist
would receive $102.00 per share in cash for each share of Cubist
they own.
The investigation concerns whether Cubist’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Cubist’s shareholders before entering into an agreement
with Merck.
If you own the common stock of Cubist and purchased your shares
before December 8, 2014, if you have information or would like to
learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, Delaware 19803; by
telephone at (888) 969-4242; or by e-mail to info@rl-legal.com, or
at:
http://www.rigrodskylong.com/investigations/cubist-pharmaceuticals-inc-cbst.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com