|
| [March 09, 2013] |
 |
Rigrodsky & Long, P.A. Announces Investigation Of Gardner Denver, Inc. Buyout
WILMINGTON, Del. --(Business Wire)--
Rigrodsky & Long, P.A.:
-
Do you own shares of Gardner Denver, Inc. (NYSE: GDI)
-
Did you purchase any of your shares prior to March 8, 2013
-
Do you think the proposed buyout price is too low
-
Do you want to discuss your rights
Rigrodsky
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Gardner Denver, Inc. ("Gardner
Denver" or the "Company") (NYSE: GDI)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to be acquired by
Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates "KKR")
in a transaction valued at approximately $3. billion, including the
assumption of debt.
Click here to learn more: http://www.rigrodskylong.com/investigations/gardner-denver-inc-gdi.
Under the terms of the proposal, public shareholders of Gardner Denver
will receive $76.00 per share in cash for each share of Gardner Denver
they own.
The investigation concerns whether Gardner Denver's board of directors
failed to adequately shop the Company and obtain the best possible value
for Gardner Denver's shareholders before entering into an agreement with
KKR. According to Yahoo! Finance, at least one analyst has set a price
target for Gardner Denver stock at $85.00 per share.
If you own the common stock of Gardner Denver and purchased your shares
before March 8, 2013, 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 Peter Allocco at Rigrodsky
& Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York
11530, toll free at (888) 969-4242, by e-mail to info@rigrodskylong.com,
or at: http://www.rigrodskylong.com/investigations/gardner-denver-inc-gdi.
Rigrodsky
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.

[ Back To Technology News's Homepage ]
|