Market Overview

Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Intermec, Inc. Shareholders


Kirby McInerney LLP is investigating potential claims against the Board of Directors of Intermec, Inc. (NYSE: IN) related to the proposed acquisition of the Company by Honeywell, Inc. (NYSE: HON). Under the terms of the agreement, Honeywell will acquire all outstanding shares of Intermec for $10.00 in cash per share. The agreement values the company at approximately $600 million.

The investigation concerns whether the Intermec Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed $10.00 per share consideration adequately values Intermec common stock. The offer price represents a 48% premium to the closing price of shares on November 1, the day before it was announced that Intermec had retained Bank of America Merrill Lynch for assistance with the transaction; however, the offer price fails to take into account Intermec's steady growth – nearly 40% – during the past 7 months, and the offer may substantially undervalue the Company's shares.

If you are an Intermec (NYSE: IN) shareholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at, or by telephone at (212) 699-1145 or (888) 529-4787.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to

Kirby McInerney LLP
J. Brandon Walker, Esq.
212-699-1145 or 888-529-4787

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