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MAKO Surgical AO Message Board

  • tedkov tedkov Sep 25, 2013 8:14 AM Flag

    BUYOUT OF MAKO - LAW FIRMS SEEKS MORE INFORMATION AND CONSIDERATION FOR SHAREHOLDERS

     

    September 24, 2013
    New York, New York

    Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it has been retained to represent shareholders of MAKO Surgical Corp. in connection with the acquisition of the ocmpany by Stryker for $30 per share in cash.

    While the $30 per share price reflects a signficant premium to where the stock was trading recently, it is well below the price of the stock over 15 months ago and is below comparable transaction multiples for recently acquired companies in the same industry. The investigation concerns whether the board and officers of MAKO breached their fiduciary duties by acting in their own self interests in selling the company at this price and not engaging in a full auction so that shareholders could obtain the maximum value for their shares.

    If you are a shareholder of MAKO and would like additional information regarding this matter and how it affects your rights as a shareholder, at no cost or expense, please contact us toll free at 1-877-772-3975 or email at contact @ tripplevy. Tripp Levy PLLC is a national law firm with extensive experience in mergers and takeovers and has recovered millions for shareholders around the globe.

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