Finkelstein Thompson LLP Announces Investigation of DivX, Inc.

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of DivX, Inc. ("DivX" or the "Company") (Nasdaq:DIVX) arising from the Company's announcement of its intent to be acquired by Sonic Solutions (“Sonic”). Under the terms of the agreement, DivX shareholders will receive $3.75 in cash and 0.514 shares of Sonic common stock for each share of DivX they hold, resulting in total consideration of approximately $9.83 a share. The transaction is valued at approximately $326 million.

The investigation is focused on the potential unfairness of the consideration to DivX shareholders and the process by which the Company’s Board of Directors considered and approved the transaction. In particular, at least one analyst has set a target price of DivX stock at $10.50 per share.

If you are interested in discussing your rights as a DivX shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Divx, Inc. (MM) (NASDAQ:DIVX)
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