We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Heska Corporation (“Heska” or the “Company”) (NASDAQ: HSKA) in connection with its acquisition by Mars, Incorporated. Under the merger agreement, Heska shareholders will receive $120.00 cash per share.
Weiss Law is investigating whether (i) Heska’s board acted in the best interests of Company shareholders in agreeing to the merger, (ii) the $120.00 per share merger consideration adequately compensates Heska’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. Notably, the merger consideration is below the $129.50 median price target set by analysts, and at least one analyst set a price target for the Company of $150 per share, $30.00 above the merger price.