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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Analogic Corporation (NASDAQGS: ALOG) to an affiliate of Altaris Capital Partners, LLC for $84.00 per share.
The investigation concerns whether the Board of Analogic breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Altaris Capital Partners, LLC is underpaying for Analogic shares, thus unlawfully harming Analogic shareholders.
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