Kendall Law Group Investigates COMFORCE Corporation Acquisition for Shareholders
November 02 2010 - 4:50PM
Business Wire
Kendall Law Group, led by former federal judge Joe Kendall, is
investigating COMFORCE Corporation (AMEX: CFS) for shareholders in
connection with the proposed acquisition by an affiliate of ABRY
Partners, LLC. The national securities firm’s investigation seeks
to determine whether COMFORCE and its Board breached their
fiduciary duties by entering into the agreement without properly
shopping for a deal that would provide better value for
shareholders. If you are a COMFORCE shareholder and would like
additional information about your rights, contact the Kendall Law
Group at 877-744-3728 or by email at
skendall@kendalllawgroup.com.
On November 2, 2010, the companies announced the definitive
merger agreement under which COMFORCE would be acquired by an
affiliate of ABRY Partners, in a transaction valued at
approximately $84.8 million. Under the terms of the agreement,
COMFORCE stockholders will receive $2.50 in cash for each share of
COMFORCE/CFS common stock held. The firm seeks to determine if the
deal provides for proper value for the company.
Kendall Law Group was founded by a former federal judge,
includes a former United States Attorney, prosecutors and
securities lawyers who are experienced in complex securities
litigation. The firm has been counsel in numerous merger and
acquisition cases nationwide, including some of the largest
transactions in the United States.
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