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Published in Health and Fitness on Monday, March 7th 2011 at 23:40 GMT by Market Wire

BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of TomoTherapy Incorporated (aTomoTherapya or the aCompanya) (NASDAQ:TOMO) related to the Companya™s agreement to be acquired by Accuray Incorporated (aAccuraya). The proposed cash-and-stock transaction is valued at approximately $277 million.
Under the terms of the definitive agreement entered into by the parties, TomoTherapy shareholders will receive $3.15 in cash and 0.1648 shares of Accuray common stock for each share they own of TomoTherapy common stock, representing total consideration of approximately $4.80 for each TomoTherapy common share. The proposed transaction is expected to close in the second quarter or the beginning of the third quarter of 2011. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by TomoTherapya™s board of directors.
If you are a shareholder of TomoTherapy, 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 ].