Kendall Law Group Investigates HealthTronics, Inc. Merger for Shareholders
DALLAS--(BUSINESS WIRE)--Kendall Law Group
“meaningful organic growth in 2011 and beyond.”
On May 5, 2010, HealthTronics announced that they had entered into an agreement to be acquired by Endo for $223 million. According to the agreement, HTRN shareholders will receive $4.85 per share. HTRN stock traded between $4.19 and $4.50 prior to the economic downturn in the latter part of 2008 and has experienced steady growth since then. President and CEO, James Whittenburg recently cited improvements in earnings in the fourth quarter of 2009. The company also touted “continued reinvestment into growth initiatives” and anticipated “meaningful organic growth in 2011 and beyond.” Shareholders are encouraged to contact Kendall Law Group as the tender offer is expected to expire by July 1, 2010.