Ryan & Maniskas, LLP Announces Investigation of ICx Technologies, Inc.

Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/icxt) is investigating potential claims against the board of directors of ICx Technologies, Inc. ("ICx" or the "Company") (NASDAQ: ICXT) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by FLIR Systems Inc. ("FLIR") in a transaction with a value of approximately $274 million.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of ICx. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/icxt.

Under the terms of the announced tender offer, ICx shareholders will receive $7.55 in cash for each share of ICx they own if the tender offer is completed. Additionally, if the tender offer is completed, a subsidiary of FLIR will acquire any ICx shares not purchased in the tender offer in a second-step merger at the same price of $7.55 per share.

If you own shares of ICx and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/icxt. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan and Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

Icx Technology (MM) (NASDAQ:ICXT)
Historical Stock Chart
From May 2024 to Jun 2024