Buyout Of NPS Pharmaceuticals, Inc. - National Securities Law Firm Seeks Higher Price For Shareholders. Encourages Shareholders To Contact Law Firm For More Information
NEW YORK, Jan. 12, 2015 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of NPS Pharmaceuticals, Inc. (NASDAQ: NPSP) ("NPS") on behalf of its' shareholders. Shire plc and NPS announced that they have entered into a definitive agreement under which Shire will acquire NPS for $46 per share in cash,.
Our investigation has revealed that the offer price of only $46 per share unfairly values the true going forward inherent value of the Company and that shareholders are not receiving the maximum value for their shares. Indeed, the buyout values the Company before NPS learns whether its Natpara medicine to treat hypoparathyroidism wins approval from the U.S. Food and Drug Administration, which, if approved, could significantly enhance the Company's value. In fact, analysts have projected NPS stock to be worth in excess of the buyout offer ($48 per share).
If you are a shareholder of NPS and would like additional information as to how the acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please call us at no cost at:
Tripp Levy PLLC
New York, New York
Toll free: 800-511-7037
International: 602-241-2841
Email: [email protected]
www.tripplevy.com
Tripp Levy PLLC represents individual and institutional shareholders and, along with its affiliate, has recovered billions of dollars for shareholders in similar actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. The National Law Journal has named Milberg one of the "50 Elite Trial Lawyer Firms" and one of the "50 Leading Plaintiff Firms in America." Attorney advertising. Prior results do not indicate a similar outcome.
SOURCE Tripp Levy PLLC
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