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Investor Alert

press release

Dec. 12, 2019, 1:20 p.m. EST

SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of the Following Mergers

WILMINGTON, Del., Dec 12, 2019 (GLOBE NEWSWIRE via COMTEX) -- WILMINGTON, Del., Dec. 12, 2019 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that it is investigating:

Progenics Pharmaceuticals, Inc. /zigman2/quotes/204482576/composite PGNX -2.64% regarding possible breaches of fiduciary duties and other violations of law related to Progenics' agreement to be acquired by Lantheus Holdings, Inc. Shareholders of Progenics will receive 0.2502 of a share of Lantheus common stock for each share of Progenics owned.

Synthorx, Inc. regarding possible breaches of fiduciary duties and other violations of law related to Synthorx's agreement to be acquired by Sanofi. Shareholders of Synthorx will receive $68.00 per share in cash for each share of Synthorx owned.

Aytu BioScience, Inc. /zigman2/quotes/203513178/composite AYTU +6.43% regarding possible breaches of fiduciary duties and other violations of law related to Aytu's entry into an agreement with Cerecor Inc. Aytu agreed to purchase certain assets from Cerecor for approximately $32 million, consisting of $4.5 million in cash and a number of shares of Aytu.

ArQule, Inc. regarding possible breaches of fiduciary duties and other violations of law related to ArQule's agreement to be acquired by an affiliate of Merck & Co., Inc. Shareholders of ArQule will receive $20.00 per share in cash for each share of ArQule owned.

If you would like to discuss any of these investigations and your rights cost and obligation free, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242 or by e-mail at info@rl-legal.com .

Rigrodsky & Long, P.A. , with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions . Attorney advertising. Prior results do not guarantee a similar outcome.

CONTACT:

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
Telephone: (302) 295-5310
Toll-Free: (888) 969-4242
Fax: (302) 654-7530
Email: info@rl-legal.com
http://www.rigrodskylong.com
Follow Rigrodsky & Long on Facebook and Twitter

(C) Copyright 2019 GlobeNewswire, Inc. All rights reserved.

/zigman2/quotes/204482576/composite
US : U.S.: Nasdaq
$ 4.25
-0.12 -2.64%
Volume: 623,514
May 29, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$377.56 million
Rev. per Employee
$197,747
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/zigman2/quotes/203513178/composite
US : U.S.: Nasdaq
$ 1.49
+0.09 +6.43%
Volume: 9.30M
May 29, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$168.37 million
Rev. per Employee
$83,499
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