FEI COMPANY (FEIC) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of FEI Company
July 11 2016 - 8:03AM
Business Wire
Andrews & Springer LLC, a boutique securities class
action law firm focused on representing shareholders nationwide, is
investigating potential breach of fiduciary duty claims against the
Board of Directors of FEI Company (NASDAQGS: FEIC) (“FEI” or the
“Company”) relating to the sale of the Company to Thermo Fisher
Scientific Inc. (“Thermo Fisher”). On May 26, 2016, the two
companies announced the signing of a definitive merger agreement
pursuant to which Thermo Fisher will acquire FEI in a merger worth
approximately $4.2 billion. As a result of the merger, shareholders
are only anticipated to receive $107.50 per share in cash.
Andrews & Springer’s investigation focuses on the inadequate
consideration that FEI’s shareholders are expected to receive. Wall
Street analysts set a $115.00 per share price target for FEI, which
is approximately $7.50 per share more than what FEI shareholders
are expected to receive. Our firm is also exploring whether FEI’s
top executives were conflicted and acted in their own self-interest
when approving the merger. According to a report by The Oregonian,
the FEI - Thermo Fisher merger “will trigger big pay packages for
FEI’s top executives, . . . . Chief executive Don Kania will reap
nearly $25 million from the deal.” The article also reported that
FEI will pay their executives “250 percent of their bonuses.”
If you own shares of FEI and want to receive additional
information and protect your investments free of charge, please
visit us at
http://www.andrewsspringer.com/cases-investigations/fei-company-class-action-investigation
or contact Craig J. Springer, Esq.
at cspringer@andrewsspringer.com, or call toll free at
1-800-423-6013. You may also follow us on LinkedIn –
www.linkedin.com/company/andrews-&-springer-llc, Twitter –
www.twitter.com/AndrewsSpringer or Facebook -
www.facebook.com/AndrewsSpringer for future updates.
Andrews & Springer is a boutique securities class action law
firm representing shareholders nationwide who are victims of
securities fraud, breaches of fiduciary duty or corporate
misconduct. Having formerly defended some of the largest financial
institutions in the world, our founding members use their valuable
knowledge, experience, and superior skill for the sole purpose of
achieving positive results for investors. These traits are the
hallmarks of our innovative approach to each case our Firm
decides to prosecute. For more information please visit our website
at www.andrewsspringer.com. This notice may constitute Attorney
Advertising.
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Andrews & Springer LLCCraig J. Springer, Esq.Toll Free:
1-800-423-6013cspringer@andrewsspringer.com
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