Cases
CAS Medical Systems, Inc. (CASM)
Merger
Overview
Overview
- Date:
- 2/12/2019
- Company Name:
- CAS Medical Systems, Inc.
- Stock Symbol:
- CASM
- Company Name - Buyer:
- Edwards Lifesciences Corporation
- Stock Symbol - Buyer:
- EW
- Status:
- Closed/Complete
- Merger Announcement Date:
- 2/12/2019
NEW YORK, February 12, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of CAS Medical Systems, Inc. (NASDAQ: CASM) on behalf of stockholders concerning the proposed acquisition of the company by Edwards Lifesciences Corporation (NYSE: EW).
Pursuant to the proposed transaction, announced on February 12, 2019 and valued at $100 million, CAS stockholders will receive $2.45 in cash for each share of CAS common stock owned. The investigation focuses on whether CAS and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own CAS shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on February 12, 2019 and valued at $100 million, CAS stockholders will receive $2.45 in cash for each share of CAS common stock owned. The investigation focuses on whether CAS and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own CAS shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.