Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of K-Tron International, Inc.

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of K-Tron International, Inc. (“K-Tron” or the “Company”) (Nasdaq:KTII) related to the Company’s agreement to be acquired by Hillenbrand, Inc. in a cash transaction valued at approximately $435 million.

Under the terms of the definitive merger agreement entered into by the parties, a subsidiary of Hillenbrand will merge with and into K-Tron, with the shareholders of K-Tron receiving $150 per share in cash for their common stock, and K-Tron will operate as a wholly owned subsidiary of Hillenbrand. Completion of the transaction is expected to occur at the end of March 2010. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the merger agreement by the K-Tron board of directors.

If you own shares of K-Tron International, Inc., if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

K Tron (NASDAQ:KTII)
過去株価チャート
から 11 2024 まで 12 2024