Bull & Lifshitz, LLP Announces Investigation of Micromet, Inc.

NEW YORK, Feb. 2, 2012 /PRNewswire/ -- Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Micromet, Inc. (NASDAQ: MITI) (referred to as "Micromet" or the "Company") to Amgen Inc. ("Amgen"), in a cash transaction valued at approximately $1.16 billion.

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Pursuant to the agreement, a subsidiary of Amgen has commenced a tender offer to acquire all of the outstanding shares of Micromet's common stock at a price of $11 per share in cash. The tender offer and withdrawal rights will expire at 12:00 midnight, New York City time, at the end of Thursday, March 1, 2012, unless the offer is extended.  Following the purchase of shares through the tender offer, Amgen will complete the transaction by acquiring all remaining shares not acquired in the offer through a merger at the same price as the tender offer.

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 Micromet 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 Micromet 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: [email protected].  All e-mail correspondence should make reference to Micromet.

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. © 2012 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.

Contact:

Joshua M. Lifshitz, Esq.
Bull & Lifshitz, LLP
Phone: 212-213-6222
Fax: 212-213-9405
Email: [email protected]

SOURCE Bull & Lifshitz, LLP

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