|[October 29, 2013]
CONSOLIDATED GRAPHICS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
WILMINGTON, Del. --(Business Wire)--
Rigrodsky & Long, P.A.:
Do you own shares of Consolidated Graphics, Inc. (NYSE: CGX)?
Did you purchase any of your shares prior to October 24, 2013?
Do you think the proposed buyout price is too low?
Do you want to discuss your rights?
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Consolidated Graphics, Inc.
("Consolidated Graphics" or the "Company") (NYSE: CGX)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to be acquired by
R.R. Donnelley & Sons Company ("RRD") (NASDAQ GS: RRD)
in a transaction valued at approximately $620 million.
Click here to learn more: http://www.rigrodskylong.com/investigations/consolidated-graphics-inc-cgx.
Under the terms of the agreement, public shareholders of Consolidated
Graphics would receive a combination of $34.44 in cash and a fixed
exchange ratio of 1.651 shares of RRD common stock for each share of
Consolidated Graphics they own. Based on RRD's closing stock price on
October 23, 2013, Consolidated Graphics shareholders would have received
consideration valued at approximately $62.00 per share.
The investigation concerns whether Consolidated Graphics's board of
directors failed to adequately shop the Company and obtain the best
possible value for Consolidated Graphics's shareholders before entering
into an agreement with RRD. According to Yahoo! Finance, at least one
analyst has set a price target for Consolidated Graphics stock at $65.00
If you own the common stock of Consolidated Graphics and purchased your
shares before October 24, 2013, if you have information or would like to
learn more about these claims, or if you wish to discuss these matters
or have any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Seth Rigrodsky
or Gina Serra at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite
300, Garden City, New York 11530, by telephone at (888) 969-4242; by
e-mail to firstname.lastname@example.org, or
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
[ InfoTech Spotlight's Homepage ]