Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Corium International, Inc. (NASDAQGM: CORI) to Gurnet Point Capital. Under the terms of the transaction, Corium shareholders will receive $12.50 for each share of Corium stock they own. The agreement also provides for a Contingent Value Right of $0.50 per share payable upon certain conditions.
The Corium merger investigation concerns whether the Board of Corium breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Gurnet Point Capital is underpaying for Corium shares, thus unlawfully harming Corium shareholders.
To receive more information, please fill out the form.