We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Cerner Corporation (“Cerner” or the “Company”) (NASDAQ:CERN), in connection with the proposed acquisition of the Company by Oracle Corporation (“Oracle”) (NYSE: ORCL) via a tender offer. Under the terms of the acquisition agreement, the Company’s shareholders will receive $95.00 in cash for each share of Cerner common stock that they hold.
WeissLaw LLP is investigating whether (i) Cerner’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $95.00 per-share offer price adequately compensates Cerner’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.