The Law Office Of Abe Shainberg Launches An Investigation Into The Possible Breaches Of Fiduciary Duty By The Board Of Dionex Corporation In Connection With The Sale Of The Company To Thermo Fisher Scientific – DNEX
The Law Office of Abe Shainberg is investigating the Board of Directors of Dionex Corporation (“Dionex” or the “Company”) (NasdaqGS: DNEX) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Thermo Fisher Scientific (“Thermo Fisher”) (NYSE: TMO). Under the terms of the proposed transaction, Thermo Fisher will acquire all of the outstanding shares of Dionex for $118.50 in cash per share for a total purchase price of approximately $2.1 billion.
The investigation concerns whether the Dionex Board of Directors breached their fiduciary duties to Dionex stockholders by failing to adequately shop the Company before entering into this transaction and whether Thermo Fisher is underpaying for Dionex shares, thus unlawfully harming Dionex stockholders.
If you own common stock in Dionex and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at email@example.com or by telephone at (212) 425-7286, or visit http://www.ashainberglaw.com/dionex-corporation.html.
Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
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