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If you purchased shares of Lexmark International Inc (NYSE:LXK) and currently hold any of those NYSE:LXK shares, you have certain options and you should contact the Shareholders Foundation, Inc.
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To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Investigation Overview
April 22, 2016 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of Lexmark International Inc (NYSE:LXK), was announced concerning whether the takeover of Lexmark International Inc for $40.50 per share is unfair to NYSE:LXK stockholders.
The investigation by a law firm concerns whether certain officers and directors of Lexmark International Inc breached their fiduciary duties owed to NYSE:LXK investors in connection with the proposed acquisition.
On April 19, 2016, Lexmark International Inc announced that it has entered into a merger agreement with a consortium of investors led by Apex Technology Co., Ltd. and PAG Asia Capital (PAG), under which Lexmark International Inc will be acquired for $40.50 per share in an all-cash transaction with an enterprise value of approximately $3.6 billion, net of cash.
However, the investigation concerns whether the offer is unfair to NYSE:LXK stockholders. More specifically, the investigation concerns whether the Lexmark Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.
