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Monday, December 09, 2013 10:10:27 AM
Monday 9 December 2013
NEW YORK, Dec. 9, 2013 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Given Imaging Ltd. ("Given Imaging" or the "Company") (NasdaqGS:GIVN) related to the proposed acquisition of the Company by Covidien PLC. The transaction is valued at around $860 million or $30 per share.
This investigation concerns whether the Board of Directors of Given Imaging breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction.
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