Young Innovations (YDNT) Buyout Shareholder Lawsuit

 

Young Innovations (YDNT) Buyout Summary

On November 4, 2012, Young Innovations (YDNT) board of directors approved its sale to Linden Capital Partners.  YDNT shareholders will receive $39.50 in cash for each share of YDNT stock.  The proposed buyout values Young Innovations at roughly $315 million and is expect to close first quarter 2013.  Young Innovations has not released a proxy statement, which typically more fully defines the parameters of the proposed transaction.  Young Innovations will become a private company, wholly owned by an affiliate of Linden.  Young Innovations develops, manufactures and markets consumable supplies and dental equipment to dental offices.

Young Innovations Takeover Announcement Raises Questions For YDNT Shareholders.

The YDNT buyout values each share of YDNT stock at $39.50.  Is this fair?  A reasonable question given that the Young Innovations buyout offer represents only a 12% premium to the current YDNT share price.

Has the YDNT board of directors breached their fiduciary duties to YDNT stockholders by failing to adequately shop Young Innovations before entering into the “going private” deal with Linden?  Again a reasonable question given that Young Innovations board of directors will only solicit competing offers for less than six weeks, 

Young Innovations (YDNT) Buyout Shareholder Lawsuit

We are investigating whether the proposed transaction is fair to Young Innovations shareholders.  The investigation concerns whether YDNT’s board of directors’ process for consideration of the proposed transaction was adequate, whether YDNT is acting in its shareholders’ best interests and whether the proposed share price to be paid to YDNT shareholders is fair and adequate. 
If you own the common stock of Young Innovations and if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please fill out the contact form on this web page or call Attorney George Pressly at Morgan & Morgan toll free at 1 (800) 631-6234.

Entity Name: 
Young Innovations, Inc.
Stock Symbol: 
YDNT

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