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Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of LaBarge, Inc. - LB
NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of LaBarge, Inc. (aLaBargea or the aCompanya) (AMEX: LB) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Ducommun Inc. (NYSE: DCO) for approximately $340 million in cash, including the assumption of debt. The proposed transaction offers LaBarge shareholders $19.25 per share in cash in exchange for each LaBarge share they hold. According to Yahoo! Finance, at least one financial analyst values LaBarge at $22.00 a share.
Request more information now by clicking here: [ www.faruqilaw.com/LB ]
Whether the LaBargea™s Board of Directors breached their fiduciary duties to LaBargea™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 LaBargea™s shares and by how much this proposed transaction undervalues the Company to the detriment of LaBarge 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 LaBarge and wish to obtain additional information, please visit us at [ www.faruqilaw.com/LB ] 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.
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