A Service For Professionals Saturday, August 19, 2017
Contact (202) 540-8337

Company News Today

A Service For Professionals Saturday, August 19, 2017 11435 Sources 399,032,320 Articles 3,328,029 Readers
Contact (202) 540-8337

FEI MERGER INVESTIGATION ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of FEI Company

WILMINGTON, Del., July 11, 2016 (GLOBE NEWSWIRE) -- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of FEI Company (“FEI” or the “Company”) relating to the sale of the Company to Thermo Fisher Scientific Inc. (“Thermo Fisher”). On May 26, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Thermo Fisher will acquire FEI in a merger worth approximately $4.2 billion. As a result of the merger, shareholders are only anticipated to receive $107.50 per share in cash. 

/EIN News/ -- Andrews & Springer’s investigation focuses on the inadequate consideration that FEI’s shareholders are expected to receive. Wall Street analysts set a $115.00 per share price target for FEI, which is approximately $7.50 per share more than what FEI shareholders are expected to receive. Our firm is also exploring whether FEI’s top executives were conflicted and acted in their own self-interest when approving the merger.  According to a report by The Oregonian, the FEI - Thermo Fisher merger “will trigger big pay packages for FEI’s top executives, . . . . Chief executive Don Kania will reap nearly $25 million from the deal.” The article also reported that FEI will pay their executives “250 percent of their bonuses.” 

If you own shares of FEI and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/fei-company-class-action-investigation or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates. 

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.

                    Craig J. Springer, Esq.
                    Call Toll Free: 1-800-423-6013

Powered by EIN News
Distribution channels: Consumer Goods, Law
Submit your press release