NEW YORK, Jan. 16, 2015 /PRNewswire/ -- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of MWI Veterinary Supply, Inc. ("MWI" or the "Company") (Nasdaq: MWIV) for potential breaches of fiduciary duties in connection with the sale of the Company to AmerisourceBergen Corp. ("AmerisourceBergen") (NYSE:ABC) for approximately $2.5 billion, including $76 million in MWI debt. The Company's stockholders will only receive $190 in cash for each share of MWI common stock they own.
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The investigation focuses on whether MWI's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of MWI's shareholders.
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If you own common stock in MWI and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/MWIV or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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