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Bull & Lifshitz, LLP Announces Investigation of the Acquisition of BMP Sunstone Corporation


//health-fitness.news-articles.net/content/2010/ .. the-acquisition-of-bmp-sunstone-corporation.html
Published in Health and Fitness on by Market Wire   Print publication without navigation



NEW YORK--([ BUSINESS WIRE ])--Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of BMP Sunstone Corporation (NASDAQ: BJGP) (referred to as "BMP Sunstone" or the aCompanya) by Sanofi-Aventis S.A. ("Sanofi") in a cash transaction valued at approximately $520.6 million on a fully diluted basis.

Under the terms of the transaction, Sanofi will acquire all of the outstanding shares of common stock of BMP Sunstone for $10.00 in cash. BMP Sunstone's board of directors has unanimously approved the transaction. Stockholders controlling 23% of BMP Sunstonea™s shares on a fully diluted basis have committed to vote in favor of the transaction.

Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Companya™s shareholders.

If you are a holder of BMP Sunstone stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.

If you are a shareholder of BMP Sunstone and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: [ counsel@nyclasslaw.com ]. All e-mail correspondence should make reference to BMP Sunstone.

Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at [ www.nyclasslaw.com ].

ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP. The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter.


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