TAKE A LOOK AT WHICH REPORT YOUR PORTFOLIO'S BEEN MISSING...

Shareholders Foundation offers real-time reporting of class action exposure on a per transaction basis,
including the documents you will need for claim filing and settlement recovery.
Start Monitoring Your Investments

Merge Healthcare Inc. (NASDAQ:MRGE) Investor Lawsuit filed to Halt the Takeover by IBM for $7.13 per share

  • If you purchased shares of Merge Healthcare Inc. (NASDAQ:MRGE) and currently hold any of those NASDAQ:MRGE shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Company
Merge Healthcare Incorporated.
Security
NASDAQ: MRGE

Case Name
Merge Healthcare Deal Case 08/24/2015
Type of Lawsuit
Mergers and Acquisition
You must register or login to receive notifications.

Click here to subscribe to Merge Healthcare Incorporated..
Summary

August 28, 2015 (Shareholders Foundation) - An investor who currently holds shares of Merge Healthcare Inc. (NASDAQ:MRGE), filed a lawsuit in effort to halt the proposed takeover of Merge Healthcare Inc. by IBM for $7.13 per share.
The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:MRGE stockholders by agreeing to sell Merge Healthcare Inc. too cheaply via an unfair process to IBM.

On August 6, 2015, IBM (NYSE: IBM) and Merge Healthcare Inc. (NASDAQ:MRGE) announced the signing of a merger agreement pursuant to which IBM will acquire Merge Healthcare Inc. (NASDAQ:MRGE). Under terms of the transaction, Merge shareholders would receive $7.13 per share in cash, for a total transaction value of $1 billion.

However, the plaintiff claims that the proposed consideration NASDAQ:MRGE shareholders will receive is grossly inadequate and undervalues Merge Healthcare Inc. In addition, the plaintiff claims that the process is also unfair to NASDAQ:MRGE stockholders.