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Harwood Feffer LLP (
www.hfesq.com) is investigating potential claims against the board of directors of Gerber Scientific, Inc. (“Gerber”) (NYSE: GRB) concerning the proposed acquisition by Vector Capital Corporation (“Vector”).
Under the terms of the merger agreement, the shareholders of the Company will receive $11.00 per share in cash, or approximately $281.8 million in total. In addition to the cash payment, each shareholder of the Company will receive for each share they own a non-transferable right to receive contingent cash payments at future times, if recoveries are made pursuant to certain litigation claims in respect of a United States patent for computerized “print to cut” technology (U.S. Patent 5,537,135).