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Cynosure, Inc. (NASDAQ: CYNO)

Merger

Overview
  • Date:
  • 1/27/2017
  • Company Name:
  • Cynosure, Inc.
  • Stock Symbol:
  • CYNO
  • Company Name - Buyer:
  • Hologic, Inc.
  • Class Period:
  • FROM 2/24/2017
  • Status:
  • Closed/Complete
  • Merger Announcement Date:
  • 2/14/2017
  • Court:
  • U.S. District Court: Massachusetts

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NEW YORK, January 27, 2017 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the District of Delaware on behalf of all persons or entities who held Cynosure, Inc. (NASDAQ: CYNO) securities on February 24, 2017 (the “Class Period”).

On February 14, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Hologic, Inc. will acquire Cynosure in a deal. As a result of the merger, Cynosure shareholders are only anticipated to receive $66.00 in cash for each share of Cynosure common stock.

The complaint alleges that the company failed to conduct a fair sales process and failed to disclose all material information regarding the sale of the company.

If you held Cynosure securities during the Class Period, have information or 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 A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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