Analogic Corp fka ALOG

[tedkov]

Analogic Shareholders Upset Over Merger Bid - (via NewsPoints Desk)
April 11, 2018
Tags: NewsPoints Analogic Altaris Capital United States Corporate Affairs Mergers &
Acquisitions

A group of Analogic Corporation shareholders are attempting
to block the $1.1 billion purchase of the company by Altaris Capital Partners LLC.

The shareholders allege that the purchase price of $84 per share is insufficient in light of the company's growth prospects, and that deal-protection clauses in the merger agreement preclude other
companies from submitting successful competing offers. Indeed, the stock reached a high of $101.80 per share this past year alone. In addition, shareholders allege that senior management obtained personal benefits for their own self interests in agreeing to sell the company that are not being shared with common stockholders.

Analogic did not immediately respond to requests for a comment.
To contact the law firm on behalf of shareholders of
Analogic for more information as to how you can participate with other shareholders for a higher price at no cost or expense call toll free 800.511.7037 or [e-mail]