Provided By PR Newswire
Last update: Oct 12, 2021
NEW YORK, Oct. 11, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Flexion Therapeutics, Inc. ("Flexion" or the "Company") (NASDAQ: FLXN) in connection with the proposed acquisition of the Company by Pacira BioSciences, Inc. ("Pacira") (NASDAQ: PCRX). Under the terms of the merger agreement, Pacira will commence a tender offer to acquire all outstanding shares of Flexion for a purchase price of $8.50 per share in cash, plus one non-tradeable contingent value right ("CVR"). The CVR will entitle Flexion stockholders to receive up to an additional $8.00 per share in cash if certain sales and/or regulatory milestones are achieved.
If you own Flexion shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
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