Wisconsin

Shareholder Alert: Ademi LLP investigates whether Apria, Inc. has obtained a Fair Price in its transaction with Owens & Minor

MILWAUKEE, Jan. 10, 2022 /PRNewswire/ -- Ademi LLP is investigating Apria (NASDAQ: APR) for possible breaches of fiduciary duty and other violations of law in its transaction with Owens & Minor. 

Click here to learn how to join the action: https://www.ademilaw.com/case/apria-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

Ademi LLP alleges Apria's financial outlook and prospects are excellent and yet Apria shareholders will receive only $37.50 in cash per share of common stock, representing an equity value of approximately $1.45 billion. The merger agreement unreasonably limits competing bids for Apria by prohibiting solicitation of further bids, and imposing a significant penalty if Apria accepts a superior bid. Apria insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Apria's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Apria.

If you own Apria common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/apria-inc.                       

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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SOURCE Ademi LLP