Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Intermec, Inc. (IN)

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Intermec, Inc. (“Intermec” or the “Company”) (NYSE: IN) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Honeywell International Inc. (NYSE: HON) in an all-cash deal valued at approximately $600 million. Under the terms of the proposed transaction, Intermec’s stockholders will receive $10 in cash for each share of Intermec’s common stock they own.