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The Law Offices of Vincent Wong Announce an Investigation into Possible Breaches of Fiduciary Duty by the Board of Beckman Coul

  //science-technology.news-articles.net/content/2 .. fiduciary-duty-by-the-board-of-beckman-coul.html
  Published in Science and Technology on Tuesday, February 8th 2011 at 21:20 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--The Law Offices of Vincent Wong are investigating the Board of Directors of Beckman Coulter, Inc. (NYSE: BEC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Danaher Corporation (NYSE: DHR). Under the terms of the proposed transaction, Beckman shareholders will receive $83.50 per share of Beckman stock they own, for a total transaction value of $6.8 billion, including the assumption of debt.

The investigation concerns whether the Beckman Board of Directors breached their fiduciary duties to Beckman stockholders by failing to adequately shop the Company before entering into this transaction and whether Danaher Corporation is underpaying for Beckman shares, thus unlawfully harming Beckman stockholders. At least one analyst set a price target of $85.00 per share for Beckman stock.

If you own common stock in Beckman and wish to obtain additional information, please contact Vincent Wong, Esq. either via email [ vw@wongesq.com ], by telephone at 212.584.2740, or visit [ http://www.wongesq.com/beckmancoulter.html ].

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.