DNEX Dionex Corp. (MM)

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Dionex Corporation (“Dionex” or the “Company”) (NasdaqGS: DNEX) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Thermo Fisher Scientific Inc. (NYSE: TMO) for an estimated $2.1 billion. The proposed transaction offers Dionex shareholders to only receive $118.50 in cash. The proposed transaction is expected to close in the first quarter of 2011.

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Whether the Dionex’s Board of Directors breached their fiduciary duties to Dionex’s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Dionex’s shares and by how much this proposed transaction undervalues the Company to the detriment of Dionex shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in Dionex and wish to obtain additional information, please visit us at www.faruqilaw.com/DNEX or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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Dionex Corp. (MM) (NASDAQ:DNEX)
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Dionex Corp. (MM) (NASDAQ:DNEX)
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