Robbins Umeda LLP Announces an Investigation of the Acquisition of K-Tron International, Inc. by Hillenbrand, Inc.
2010年1月27日 - 6:05AM
ビジネスワイヤ(英語)
Robbins Umeda LLP has commenced an investigation into possible
breaches of fiduciary duty and other violations of state law by the
officers and members of the Board of Directors of K-Tron
International, Inc. ("K-Tron") (NASDAQ-GS: KTII) in connection with
their actions in causing K-Tron to enter into a definitive merger
agreement with Hillenbrand, Inc. ("Hillenbrand") (NYSE: HI). Under
the terms of the merger agreement, K-Tron shareholders will receive
$150 per K-Tron share in cash. The deal is expected to close at the
end of March 2010. Upon completion of the acquisition, K-Tron will
operate as a wholly-owned subsidiary of Hillenbrand.
Robbins Umeda LLP's investigation concerns whether K-Tron's
Board of Directors' acceptance and recommendation of Hillenbrand's
offer was fair and designed to secure the best possible price for
all K-Tron shareholders.
If you are a shareholder of K-Tron, and would like more
information about your rights as a shareholder, please contact
attorney Lauren Levi at 800-350-6003 or by e-mail at
llevi@robbinsumeda.com.
Robbins Umeda LLP is a California-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please go to http://www.robbinsumeda.com.
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