SHAREHOLDER ALERT: Weiss Law Investigates Meridian Bioscience, Inc.

Provided By PR Newswire

Last update: Jul 7, 2022

NEW YORK , July 7, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Meridian Bioscience, Inc. ("Meridian" or the "Company") (NASDAQ: VIVO), in connection with the proposed acquisition of the Company by SD Biosensor, Inc. ("SDB") and SJL Partners LLC ("SJL"). Under the merger agreement, the Company's shareholders will receive $34.00 in cash for each share of Meridian stock owned, leaving SDB owning approximately 60% and SJL owning approximately 40% of Meridian. The transaction is valued at approximately $1.53 billion.