We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Hill-Rom Holdings, Inc. (“Hill-Rom” or the “Company”) (NYSE: HRC) in connection with the proposed acquisition of the Company by Baxter International Inc. (“Baxter”) (NYSE: BAX). Under the terms of the merger agreement, the Company’s shareholders will receive $156.00 per share in cash for each share of Hill-Rom common stock that they hold. The transaction is valued at approximately $12.4 billion, including the assumption of debt.
WeissLaw LLP is investigating whether (i) Hill-Rom’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $156.00 per-share merger consideration adequately compensates Hill-Rom’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.