The Henzel Law Office Is Investigating Micromet, Inc. (NASDAQ:MITI) for Shareholders

27 Jan, 2012 @ 05:58 pm EDT

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(IBwire.com – Jan. 27, 2012) - The Law Offices of Marc S. Henzel (www.henzellaw.com) a firm focusing on shareholder litigation, is investigating the proposed merger between Micromet, Inc. (NASDAQ:MITI) and Amgen.

According to reports, Amgen (NASDAQ:AMGN) and Micromet, Inc. (NASDAQ:MITI) announced that the companies have entered into a definitive merger agreement under which Amgen will acquire Micromet, a biotechnology company founded in Germany with its research and development (R&D) center in Munich and headquarters in Rockville, Md., for $11 per share in cash. The transaction, which values Micromet at approximately $1.16 billion, was unanimously approved by both the Amgen and Micromet Boards of Directors.

The premium seems low in light of the Company's significant growth prospects, which are being noticed by the market (70% increase in the stock price since October 1) and analysts (price targets as high as $12 prior to the offer).

If you own shares of Micromet, Inc. (NASDAQ:MITI)and would like to learn more about any potential claims or you wish to discuss these matters and have any questions concerning this announcement or your rights, please contact Marc S. Henzel (610) 660-8000, email at Mhenzel@Henzellaw.com, or to sign up online, visit the firms website at www.henzellaw.com.

The Law Offices of Marc S. Henzel is a national shareholder litigation firm representing shareholders & investors in various areas of securities laws including but not limited to; class actions, derivatives, transactional (buyouts/mergers/acquisitions) and FINRA & NYSE Arbitrations.

Attorney advertising. © 2012 Law Offices of Marc S. Henzel. The law firm responsible for this advertisement is Marc S. Henzel. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Law Offices of Marc S. Henzel

Marc S. Henzel

Email: Mhenzel@Henzellaw.com

Phone 610-660-8000

Website: www.henzellaw.com.

This article is copyrighted by IBWire.com

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