News Column

Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Medical Action Industries, Inc. Stockholders

June 26, 2014



NEW YORK--(BUSINESS WIRE)-- Kirby McInerney LLP is investigating potential claims against the Board of Directors of Medical Action Industries, Inc. (“Medical” or the “Company”) (NASDAQ:MDCI) concerning the proposed acquisition of the Company by Owens & Minor, Inc. (“Owens”). Under the terms of the definitive merger agreement, Medical stockholders will receive $13.80 in cash for each share of Medical common stock they own, valuing the transaction at approximately $208 million.

The investigation concerns whether the Medical Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.

If you are a Medical stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212) 699-1145, or Melissa Fortunato, Esq. by email at mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.



Kirby McInerney LLP

J. Brandon Walker, Esq., 212-699-1145

888-529-4787

bwalker@kmllp.com

or

Melissa Fortunato, Esq., 212-699-1141

888-529-4787

mfortunato@kmllp.com

Source: Kirby McInerney LLP


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Source: Business Wire


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