Faruqi & Faruqi, LLP Announces the Investigation of Sirona Dental Systems Inc. (SIRO) Over the Proposed Sale of the Company to DENTSPLY International Inc.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Sirona Dental Systems (“Sirona” or the “Company”) (NasdaqGS:SIRO) for potential breaches of fiduciary duties in connection with the sale of the Company to DENTSPLY for approximately $5.51 billion in an all-stock transaction .
The Company’s stockholders will only receive 1.8142 shares of DENTSPLY per each share of Sirona common stock they own, or approximately $95.03 per share as of September 24, 2015. However, the offer is significantly below at least one analyst’s target price of $120.00.
If you own common stock in Sirona and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
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Tel: (212) 983-9330
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