Alert: Conceptus, Inc. (NASDAQ:CPTS) Investor Investigation of Takeover

An investigation on behalf of investors of Conceptus, Inc. (NASDAQ:CPTS) in connection with the proposed takeover was announced and NASDAQ:CPTS stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 05/07/2013 --An investigation on behalf of investors in Conceptus, Inc. (NASDAQ:CPTS) shares was announced concerning whether the offer by Bayer HealthCare LLC to acquire Conceptus, Inc. for $31.00 per NASDAQ:CPTS share and the takeover process are unfair to investors in Conceptus shares.

Investors who purchased shares of Conceptus, Inc. (NASDAQ:CPTS) prior to April 29, 2013, and currently hold any of those NASDAQ:CPTS shares have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Conceptus, Inc. breached their fiduciary duties owed to NASDAQ:CPTS investors in connection with the proposed acquisition.

On April 29, 2013, Conceptus, Inc. announced that Conceptus has signed a merger agreement with Bayer HealthCare LLC under which Bayer HealthCare LLC will launch a public tender offer to acquire all shares of common stock of Conceptus, Inc. The transaction values Conceptus, Inc. at approx. US$1.1 billion (approx. €852 million) representing US$31.00 per share in cash.

However, the investigation a law firm concerns whether the offer is too low for NASDAQ:CPTS stockholders. More specifically, the investigation focuses on whether the Conceptus Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Conceptus, Inc. reported that its annual Total Reveue rose from $126.98 millio in 2011 to $140.73 million in 2012 and that its Net Loss of $7.94 million in 2011 turned into a Net Income of $5.38 million in 2012.

Shares of Conceptus, Inc. (NASDAQ:CPTS) grew from as low as $9.98 in September 2011 to as high as $27.01 per share on April 25, 2013.

On May 6, 2013, NASDAQ:CPTS shares closed at $31.00 per share.

Those who are current investors in Conceptus, Inc. (NASDAQ:CPTS), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Joelle Day
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Joelle Day
Media and Client Relations Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/247852