NEW YORK, April 10, 2012 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of X-Rite, Inc. ("X-Rite" or the "Company") (NASDAQ:
XRIT) concerning the proposed acquisition of the Company by Danaher
Corp. ("Danaher") in a transaction valued at approximately
$625 million.
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On April 10, 2012, it was
announced that X-Rite and Danaher have entered into a definitive
agreement pursuant to which Danaher will acquire X-Rite.
Under the agreement, X-Rite shareholders will receive $5.55 in cash per share held.
Our investigation concerns whether the board of directors is
fulfilling its fiduciary duties, maximizing the value of X-Rite,
disclosing all material benefits and costs and obtaining full and
fair consideration for X-Rite shareholders.
If you own X-Rite shares and wish to discuss this matter with
us, or have any questions concerning your rights and interests with
regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin Sachs-Michaels
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
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responsible for this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter.
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