Bull & Lifshitz, LLP announces an investigation into possible breaches
of fiduciary duty in connection with the proposed sale of Allied
Healthcare International Inc. (NASDAQ: AHCI)
(referred to as "Allied Healthcare" or the “Company”) to Saga Group
Limited (“Saga”) in a cash transaction valued at approximately $175
million.
Under the terms of the agreement, Allied Healthcare shareholders will
receive $3.90 per share for each Allied Healthcare stock.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed
deal provides adequate value to the Company’s shareholders.
If you are a holder of Allied Healthcare common stock and want to
discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP
who will, without obligation or cost to you, attempt to answer your
questions.
If you are a shareholder of Allied Healthcare and would like more
information about our investigation, please contact Joshua M. Lifshitz,
Esq. by telephone at (866) 313-6222 or by sending an e-mail including
your contact information to: counsel@nyclasslaw.com.
All e-mail correspondence should make reference to Allied Healthcare.
Bull & Lifshitz, LLP is a New York City-based law firm with significant
experience representing investors in merger-related shareholder class
actions, shareholder derivative actions, and securities fraud class
actions. For more information about the firm, please visit our website
at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2011 Bull & Lifshitz, LLP. The law
firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East
41st Street, New York, New York 10017, (212) 213-6222. Prior
results do not guarantee or predict a similar outcome with respect to
any future matter.
