|[March 12, 2013]
Law Offices of Howard G. Smith Announces Investigation of Gardner Denver Inc.
BENSALEM, Pa. --(Business Wire)--
Law Offices of Howard G. Smith announces that it is investigating
potential claims against the Board of Directors of Gardner Denver Inc.
("Gardner" or the "Company") (NYSE: GDI) related to the proposed
acquisition of the Company by Kohlberg Kravis Roberts & Co. The
transaction is valued at approximately $3.9 billion or $76.00 per share.
This investigation concerns whether the Board of Directors of Gardner
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into the proposed transaction,
and whether the Company has disclosed all mterial information to
shareholders about the transaction. The Company has seen substantial
recent growth. Its share price has skyrocketed from $48.15 on June 26,
2012 to $76.00 on December 19, 2012. Further, at least one analyst has
set a target price for the Company's stock at $85.
If you are a shareholder of Gardner, if you have information or would
like to learn more about our investigation, 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 email@example.com,
or visit our website at http://www.howardsmithlaw.com.
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