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INXI Inx Inc. (MM)

8.74
0.00 (0.00%)
20 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Inx Inc. (MM) NASDAQ:INXI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.74 0 01:00:00

Law Offices of Howard G. Smith Announces Investigation of INX, Inc.

02/11/2011 5:41pm

Business Wire


Inx Inc. (MM) (NASDAQ:INXI)
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Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of INX, Inc. ( “INX” or the “Company”) (NASDAQ:INXI) related to the proposed acquisition of the Company by Presidio, Inc. The transaction is valued at approximately $85 million or $8.75 per share.

The investigation concerns whether the Board of Directors of INX breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Its share price has sky rocketed from $5.10 on April 15, 2011 to $8.43 on August 3, 2011.

If you are a shareholder of INX, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

1 Year Inx Inc. (MM) Chart

1 Year Inx Inc. (MM) Chart

1 Month Inx Inc. (MM) Chart

1 Month Inx Inc. (MM) Chart