Kendall Law Group Investigates Keithley Instruments, Inc. Acquisition for Shareholders
September 29 2010 - 1:02PM
Business Wire
Kendall Law Group, led by former federal judge Joe Kendall, is
investigating Keithley Instruments, Inc. (NYSE: KEI) for
shareholders in connection with the proposed acquisition by Danaher
Corporation. The national securities firm’s investigation seeks to
determine whether Keithley 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 Keithley 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 September 29, 2010, the companies announced that they entered
into a definitive merger agreement under which Keithley would be
acquired by Danaher in a transaction valued at approximately $300
million net of cash. Under the terms of the agreement, Keithley
stockholders will receive $21.60 in cash for each share of
Keithley/ KEI common stock. The firm’s investigation seeks to
determine whether the transaction is providing the best value for
shareholders.
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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