NEW YORK, Jan. 9, 2017 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the
board of directors of ARIAD Pharmaceuticals, Inc. ("ARIAD" or the "Company") (NASDAQ: ARIA) concerning the proposed acquisition
of the Company by Takeda Pharmaceutical Co. ("Takeda").
Under the terms of the offer, Takeda would acquire ARIAD in a transaction valued at approximately $5.2
billion. Pursuant to the terms of the transaction, ARIAD shareholders would receive $24.00 in cash per share owned.
Our investigation concerns whether the ARIAD board of directors is fulfilling its fiduciary duties, maximizing the value of
the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company
stockholders.
If you own ARIAD shares and wish to discuss this matter with us, or have any questions concerning your rights and interests
with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to
any future matter.
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SOURCE Harwood Feffer LLP