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Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of AGA Medical Holdings, Inc. in Connection wi


//health-fitness.news-articles.net/content/2010/ .. f-aga-medical-holdings-inc-in-connection-wi.html
Published in Health and Fitness on Monday, October 18th 2010 at 17:40 GMT by Market Wire   Print publication without navigation


BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of AGA Medical Holdings, Inc. (aAGA Medicala or the aCompanya) (NASDAQ:AGAM) related to the Companya™s agreement to be acquired by St. Jude Medical, Inc. (aSt. Jude Medicala). The proposed transaction is valued at approximately $1.3 billion, including assumed debt.

Under the terms of the definitive agreement entered into by the parties, St. Jude Medical will acquire all of the outstanding shares of AGA Medical for $20.80 per share in cash. The transaction is structured as an exchange offer followed by a merger. The transaction is expected to be completed by year-end 2010. If the transaction is completed, AGA Medical will become part of St. Jude Medicala™s Cardiovascular Division. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by AGA Medicala™s board of directors.

If you are a shareholder of AGA Medical, 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ http://www.howardsmithlaw.com ].


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