SHAREHOLDER ALERT: Weiss Law Investigates Meridian Bioscience, Inc.

NEW YORK , July 7, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Meridian Bioscience, Inc. ("Meridian" or the "Company") (NASDAQ: VIVO), in connection with the proposed acquisition of the Company by SD Biosensor, Inc. ("SDB") and SJL Partners LLC ("SJL"). Under the merger agreement, the Company's shareholders will receive $34.00 in cash for each share of Meridian stock owned, leaving SDB owning approximately 60% and SJL owning approximately 40% of Meridian. The transaction is valued at approximately $1.53 billion.

If you own Meridian shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

https://www.weisslaw.co/news-and-cases/vivo 
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7^th Floor
New York, NY  10007
(212) 682-3025 
(888) 593-4771
[email protected]

Weiss Law is investigating whether (i) Meridian's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $34.00 per-share merger consideration adequately compensates Meridian's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. Notably, the merger consideration is below the $46.00 median price target set by analysts, and at least one analyst set a price target for the Company of $62 per share, $28.00 above the per-share merger consideration. 

Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected]

SOURCE Weiss Law

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