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Case Details for "BioForm Medical, Inc"

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Investigation of BioForm Medical, Inc. Over Acquisition

Lawyers are investigating potential claims on behalf of shareholders of BioForm Medical, Inc. ("BioForm" or the "Company") (Nasdaq: BFRM) arising from the Company's announcement of its intent to be acquired by Merz Pharma Group ("Merz").

On January 4, 2010, BioForm announced its plan to merge with Merz. Under the terms of the merger agreement, BioForm shareholders will receive $5.45 in cash for every share of BioForm stock they own in a transaction valued at $253 million.

The investigation is focused on the potential unfairness of the consideration to be paid to BioForm shareholders as well as the potential unfairness of the process by which the BioForm Board of Directors is addressing the transaction.

 

Posted on:01/05/2010
Company: BioForm Medical, Inc
Affected Class: Current Shareholders
Scope: Nationwide

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