Harwood Feffer LLP (www.hfesq.com)
is investigating potential claims against the board of directors of
Vital Images, Inc. ("Vital" or the "Company") (Nasdaq:VTAL) concerning
the announcement that it had entered into an agreement and plan of
merger with Toshiba Medical Systems Corporation and a merger subsidiary
("Toshiba”) to acquire all of the outstanding shares of the common stock
of Vital for $18.75 per share, or approximately $273 million in the
aggregate, through a cash tender offer followed by a merger.
On April 27, 2011, it was announced that Toshiba agreed to buy Vital.
The deal is expected to close in the second or third quarter of 2011.
Our investigation concerns the board of directors’ process for
consideration of the proposed transaction and whether the consideration
to be paid to Vital shareholders is fair and adequate.
If you own shares of Vital and would like to learn more about these
claims or if you wish to discuss this matter and have any questions or
information concerning this announcement, please contact Robert I.
Harwood, Esq. at rharwood@hfesq.com
or James G. Flynn, Esq. at jflynn@hfesq.com.
You may also call them at (877) 935-7400. For more information about
class actions, please visit our website: www.hfesq.com.
Harwood Feffer LLP is a national shareholder litigation firm. Harwood
Feffer LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal
courts nationwide.
Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter.
