The Law Office of Joseph Klein is Investigating Possible Breaches of Fiduciary Duty by the Board of Beckman Coulter, Inc. in ...
10 Februar 2011 - 1:04AM
Business Wire
The Law Office of Joseph Klein is 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 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. According to Thomson/First Call, 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 Joseph Klein, Esq. directly, via email
at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free:
877-STOK-180, or visit
http://www.jkleinlawfirm.com/beckman-coulter-bec.html.
Joseph Klein, Esq. is an experienced attorney and has also
practiced as a Certified Public Accountant. Mr. Klein represents
investors and participates in securities litigations involving
financial fraud throughout the nation. Attorney advertising. Prior
results do not guarantee similar outcomes.
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