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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Kayak Software Corporation in Connection with the Sale of the Company to priceline.com Incorporated
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of Kayak
Software Corporation ("Kayak" or the "Company") (NasdaqGS: KYAK) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to priceline.com Incorporated
(NasdaqGS: PCLN).
Click here to learn more about the investigation: http://zlk.9nl.com/kayak-software-kyak,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Kayak shareholders will receive $40
in cash and stock for each share of Kayak stock they own.The
transaction has a total approximate value of $1.8 billion. The
investigation concerns whether the Kayak Board of Directors breached
their fiduciary duties to stockholders by failing to adequately shop the
Company before entering into this transaction and whether priceline.com
Incorporated is underpaying for Kayak shares, thus unlawfully harming
Kayak stockholders.
If you own common stock in Kayak and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/kayak-software-kyak.
Levi & Korsinsky is a national firm with offices in New York and
Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of investors. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.

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