NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Animal Health International, Inc. (Nasdaq: AHII) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Lextron, Inc. Under the terms of the proposed transaction, Animal Health shareholders will receive $4.25 per share. The transaction has a value of approximately $111 million, plus the repayment of Animal Health’s outstanding indebtedness, for a total purchase price of approximately $251 million.
The investigation concerns whether the Animal Health Board of Directors breached their fiduciary duties to Animal Health stockholders by failing to adequately shop the Company before entering into this transaction and whether Lextron is underpaying for Animal Health shares, thus unlawfully harming Animal Health stockholders. According to Thomson/First Call, at least one analyst set a price target for Animal Health stock of $5.00 per share.
If you own common stock in Animal Health and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.584.2740, or visit http://www.wongesq.com/animal-health-ahii.html.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.