NEW YORK--(BUSINESS WIRE)--
Juan Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Theragenics Corporation (“Theragenics” or the “Company”) (TGX) for potential breaches of fiduciary duties in connection with their acceptance of a $68.3 million buyout offer from Juniper Investment Co. on August 5, 2013. Under the terms of the proposed transaction, Theragenics’ stockholders will receive between $2.20 for each share of Theragenics common stock they own, while Theragenics’ has a reported book value of $2.66.
Under the terms of the agreement, Theragenics can solicit other bids through September 6, 2013. Juniper’s current offer of $2.20 per share is a reduction from Juniper’s May 13 offering range of between $2.25 and $2.30 per share.
Request more information now by clicking here: www.faruqilaw.com/TGX. There is no cost or obligation to you.
The investigation focuses on whether Theragenics’ Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of Theragenics’ shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.
If you own common stock in Theragenics and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/TGX or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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Phone: (212) 983-9330