Science & Technology
Science and Technology
Science and Technology
Thu, September 8, 2011
Law Firm Brower Piven Announces Investigation of Caliper Life Sciences,;; Inc.
STEVENSON, Md.--([ BUSINESS WIRE ])--The law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Caliper Life Sciences, Inc. (aCaliper Life Sciencesa) (NASDAQ: CALP) and other violations of state law by the board of directors of Caliper Life Sciences relating to the proposed acquisition of the company by PerkinElmer, Inc. (aPerkinElmera) (NYSE: PKI). The firma™s investigation seeks to determine, among other things, whether the board breached their fiduciary duties by failing to maximize shareholder value.
On September 8, 2011, PerkinElmer announced that it had entered into a definitive agreement to acquire Caliper Life Sciences for $10.50 per share in cash, or an aggregate purchase price of approximately $600 million. According to the press release, the transaction is expected to close in the fourth quarter of 2011.
If you currently own shares of Caliper Life Sciences and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at [ hoffman@browerpiven.com ], by calling 410/415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.
