An investigation for investors in NASDAQ:FEIC shares was announced concerning whether the takeover of FEI Company by Thermo Fisher Scientific Inc for $107.50 per share is unfair to NASDAQ:FEIC stockholders.
Investors who purchased shares of FEI Company (NASDAQ:FEIC) and currently hold any of those NASDAQ:FEIC shares have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain officers and directors of FEI Company breached their fiduciary duties owed to NASDAQ:FEIC investors in connection with the proposed acquisition.
On May 27, 2016, Thermo Fisher Scientific Inc. and FEI Company announced that their boards of directors have approved Thermo Fisher’s acquisition of FEI Company for $107.50 per share in cash.
However, given that at least one analyst has set the high target price for NASDAQ:FEIC shares at $115 per share and given that NASDAQ:FEIC shares reached after the takeover news in the open market as high as $108.35 per share on May 27, 2016, the investigation concerns whether the offer is unfair to NASDAQ:FEIC stockholders. More specifically, the investigation concerns whether the FEI Company Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders’ best interests in connection with the proposed sale.
On June 3, 2016, NASDAQ:FEIC shares closed at $107.52 per share.
Those who are current investors in NASDAQ:FEIC shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego