Levi & Korsinsky, LLP Investigates Consolidated Graphics, Inc. Board of Directors for Possible Breaches of Fiduciary Duty In Connection With Sale Of Company to R.R. Donnelley & Sons Company - WBOC-TV 16, Delmarvas News Leader, FOX 21 -
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SOURCE Levi & Korsinsky, LLP
NEW YORK, Oct. 25, 2013 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Consolidated Graphics, Inc. ("Consolidated Graphics" or the "Company") (NYSE: CGX) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to R.R. Donnelley & Sons Company (NasdaqGS: RRD).
Under the terms of the transaction, Consolidated Graphics shareholders will receive $34.44 in cash and a fixed exchange ratio of 1.651 R.R. Donnelley shares for each outstanding share of Consolidated Graphics stock they own; this represents a value of approximately $62 per share. The investigation concerns whether the Consolidated Graphics Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether R.R. Donnelley & Sons Company is underpaying for Consolidated Graphics shares.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com