Engel Law PLLC is investigating whether fair value to Albireo shareholders will result from the proposed sale of Albireo Pharma, Inc. (NASDAQ: ALBO) to Ipsen for $42.00 per share plus one contingent value right (CVR) of $10.00 per share.
The Firm’s investigation concerns:
(i) whether Albireo’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction;
(ii) whether the $42.00 per share plus a contingent value right (CVR) of $10.00 per share merger consideration adequately compensates Albireo’s shareholders; and
(iii) whether all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.