Engel Law PLLC is investigating whether fair value to Concert shareholders will result from the proposed sale of Concert Pharmaceuticals, Inc. (NASDAQ: CNCE) to Sun Pharma for $8.00 per share plus a non-tradeable contingent value right (CVR) entitling holders to receive up to an additional $3.50 per share.
The Firm’s investigation concerns:
(i) whether the Company’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction;
(ii) whether the merger consideration adequately compensates the Company’s shareholders; and
(iii) whether all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.