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XRIT X-Rite, Incorporated (MM)

5.54
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
X-Rite, Incorporated (MM) NASDAQ:XRIT 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% 5.54 0 01:00:00

Glancy Binkow & Goldberg LLP Announces Investigation of X-Rite, Inc.

11/04/2012 6:23pm

Business Wire


X-Rite, Incorporated (MM) (NASDAQ:XRIT)
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Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of X-Rite, Inc. (“X-Rite” or the “Company”) (NASDAQ: XRIT) related to the proposed acquisition of the Company by Danaher Corporation. The transaction is valued at approximately $625 million or $5.55 per share.

This investigation concerns whether the Board of Directors of X-Rite 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.

If you are a shareholder of X-Rite, if you have information or would like to learn more about our investigation, 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 Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to shareholders@glancylaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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1 Month X-Rite, Incorporated (MM) Chart

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