SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Consolidated Graphics, Inc. (CGX) Over the Proposed Sa...
30 Octobre 2013 - 9:17PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Consolidated Graphics, Inc.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Consolidated Graphics, Inc.
(“Consolidated Graphics” or the “Company”) (NYSE:CGX) for potential
breaches of fiduciary duties in connection with their conduct
related to the sale of the Company to R.R. Donnelley (RRD) in a
cash and stock deal valued at approximately $620 million. Under the
terms of the proposed transaction, Consolidated Graphics’
stockholders will receive $34.44 in cash and a fixed exchange ratio
of 1.651 R.R. Donnelley shares for each outstanding share of
Consolidated Graphics they own for a total of roughly $62 per share
based on R.R. Donnelley's closing share price on October 23rd.
According to Yahoo! Finance, at least one analyst has set a price
target of $65 for Consolidated Graphics.
Request more information now by clicking here:
www.faruqilaw.com/CGX. There is no cost or
obligation to you.
The investigation focuses on whether Consolidated Graphics’
Board of Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct an adequate and fair sales
process prior to agreeing to this proposed transaction, whether and
by how much this proposed transaction undervalues the Company to
the detriment of Consolidated Graphics’ shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Consolidated Graphics and wish to
obtain additional information and protect your investments free of
charge, please visit us at www.faruqilaw.com/CGX or contact Juan E.
Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or
by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
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