|[June 25, 2014]
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Medical Action Industries Inc. and Its Board of Directors in Connection with the Sale of the Company to Owens & Minor, Inc.
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of Medical
Action Industries Inc. ("Medical Action" or "the Company")
(NasdaqGS:MDCI) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company to
Owens & Minor, Inc. (NYSE:OMI).
Click here to learn more about the investigation: http://zlk.9nl.com/medical-action-mdci,
or call: 877-363-5972. There is no cost or obligation to you.
Under th terms of the transaction, Medical Action shareholders will
receive $13.80 in cash for each share of Medical Action stock they own.
The investigation concerns whether the Board of Medical Action breached
their fiduciary duties to stockholders by failing to adequately shop the
Company before agreeing to enter into this transaction, and whether
Owens & Minor, Inc. is underpaying for Medical Action shares.
If you own Medical Action common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at email@example.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/medical-action-mdci.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
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