SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces
Investigation in Connection with the Sale of PSS World Medical,
Inc. (PSSI) and Spartech Corporation (SEH)
NEW YORK, Oct. 26, 2012 /PRNewswire/ --
PSS World Medical, Inc.
Levi & Korsinsky is
investigating the Board of Directors of PSS World Medical, Inc.
(NasdaqGS: PSSI) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to McKesson Corporation (NYSE: MCK).
(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO
)
Click here to learn more about the investigation:
http://zlk.9nl.com/pss-world-medical-pssi, or call:
877-363-5972.
Under the terms of the transaction, PSSI shareholders will
receive $29.00 for each share of PSSI
stock they own. The transaction has a total approximate value of
$2.1 billion. The investigation
concerns whether the PSSI Board of Directors breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before entering into this transaction and whether McKesson
Corporation is underpaying for PSSI shares, thus unlawfully harming
PSSI stockholders.
Spartech Corporation
Levi & Korsinsky is
investigating the Board of Directors of Spartech Corporation (NYSE:
SEH) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to PolyOne
Corporation (NYSE: POL).
Click here to learn more about the investigation:
http://zlk.9nl.com/spartech-seh, or call: 877-363-5972.
Under the terms of the transaction, Spartech shareholders will
receive $2.67 in cash and 0.3167
shares of PolyOne common stock for each share of Spartech stock
they own, representing an approximate value of $8.00 per share. The transaction has a total
approximate value of $393 million,
including the assumption of debt. The investigation concerns
whether the Spartech Board of Directors breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before entering into this transaction and whether PolyOne
Corporation is underpaying for Spartech shares, thus unlawfully
harming Spartech stockholders.
Levi & Korsinsky is a national firm with offices in
New York and Washington D.C.
The firm has 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.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP