NEW YORK, Jan. 19, 2016 /PRNewswire/ -- Wolf Popper LLP is investigating potential claims on behalf of investors in Synutra International, Inc. ("Synutra") (NASDAQ: SYUT), concerning the going private proposal of Synutra by Mr. Liang Zhang, the Company's Chief Executive Officer, Chairman of the Board of Directors, and controlling shareholder and an affiliated entity of Mr. Zhang. Synutra shareholders seeking more information about this acquisition can contact Carl L. Stine at (212) 759-4600 or email@example.com.
Under the terms of the proposal, Synutra's shareholders would receive $5.91 per share in cash for each Synutra share they own. The proposed offer has a preliminary equity value of approximately $338 million. However, the proposed offer price is significantly below Synutra's 52-week high of $7.90 per share and below an analyst price target of $6.74 per share. Accordingly, the investigation concerns whether the proposed offer price unfairly undervalues the inherent value of Synutra and whether Synutra shareholders would not be receiving the maximum value for their shares.
Wolf Popper LLP has extensive experience representing investors in mergers and acquisition lawsuits and has successfully ensured that investors receive the maximum compensation. Twelve Wolf Popper attorneys were named Rising Stars or Super Lawyers in the 2015 Super Lawyers New York City Metro Edition, including Wolf Popper partner Carl Stine, who was included in the Super Lawyers Top 100 List for the New York City Metro area. View Wolf Popper attorney biographies at www.wolfpopper.com.
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