Science & Technology
Science and Technology
Science and Technology
Wed, February 9, 2011
Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of Beckman Coulter, Inc. - BEC
NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Beckman Coulter, Inc. (aBeckmana or the aCompanya) (NYSE: BEC) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Danaher Corp. (NYSE: DHR) for an estimated $5.87 billion. The proposed transaction offers Beckman shareholders to only receive $83.50 for each share they own. According to Yahoo! Finance, at least one financial analyst values the Companya™s shares at $84.00. The deal is structured as a tender offer, which could avoid the need for a Company shareholder vote, and is expected to be completed in the first half of 2011.
Request more information now by clicking here: [ www.faruqilaw.com/BEC ].
Whether the Beckmana™s Board of Directors breached their fiduciary duties to Beckmana™s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Beckmana™s shares and by how much this proposed transaction undervalues the Company to the detriment of Beckman shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firma™s clients.
If you own common stock in Beckman and wish to obtain additional information, please visit us at [ www.faruqilaw.com/BEC ] or contact Juan E. Monteverde, Esq. either via e-mail at [ jmonteverde@faruqilaw.com ] or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising.(C) 2011 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ([ www.faruqilaw.com ]). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.
