WILMINGTON, Del., Sept. 16, 2015 /PRNewswire/ -- Rigrodsky & Long, P.A.:
- Do you own shares of Sirona Dental Systems, Inc. (NASDAQ GS: SIRO)?
- Did you purchase any of your shares prior to September 16, 2015?
- Do you think the proposed buyout value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Sirona Dental Systems, Inc. ("Sirona" or the "Company") (NASDAQ GS: SIRO) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by DENTSPLY International Inc. ("DENTSPLY") (NASDAQ GS: XRAY).
Click here to learn more: http://rigrodskylong.com/investigations/sirona-dental-systems-inc-siro.
Under the terms of the agreement, shareholders of Sirona will receive 1.8142 shares DENTSPLY for each share of Sirona they own. Based on DENTSPLY's closing price on September 14, 2015, Sirona shareholders would have received compensation valued at approximately $97.28 per share.
The investigation concerns whether Sirona's board of directors failed to adequately shop the Company and obtain the best possible value for Sirona's shareholders before entering into an agreement with DENTSPLY. According to Yahoo! Finance, at least one analyst has issued a price target for Sirona stock at $120.00 per share.
If you own the common stock of Sirona and purchased your shares before September 16, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/sirona-dental-systems-inc-siro.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
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SOURCE Rigrodsky & Long, P.A.
