|[October 24, 2013]
Consolidated Graphics Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by R.R. Donnelley
DALLAS --(Business Wire)--
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor LLP are investigating the acquisition of Consolidated
Graphics, Inc. ("Consolidated Graphics") (NYSE: CGX) by R.R. Donnelley &
Sons Company for shareholders. Under the terms of the proposed
transaction valued at $620 million, Consolidated Graphics shareholders
will only receive $34.44 in cash and a fixed exchange ratio of 1.651
R.R. Donnelley shares for each share of stock owned. This consideration
has a value of about $62 per share well below at least one analyst's
estimated value of $65.00.
If you are an affected investor, and you want to learn more about the
lawsuit or join the action, contact Willie Briscoe at The Briscoe Law
Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com,
or Zach Groover at Powers Taylor LLP, toll free (877) 728-9607, via
email at email@example.com.
There is no cost or fee to you.
The Consolidated Graphics sale investigation centers on whether
Consolidated Graphics' shareholders are receiving adequate compensation
for their shares in the buyout, whether the transaction undervalues
Consolidated Graphics' stock, and whether Consolidated Graphics' board
attempted to obtain the highest share price for all shareholders prior
to agreeing to the deal. Notably, according to at least one analyst with
Yahoo! Finance, the true inherent value of Consolidated Graphics could
be as high as $65.00.
Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience
in complex litigation and transactional matters.
Taylor LLP is a boutique litigation law firm that handles a variety
of complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits,
and security class actions.
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