|[September 26, 2013]
Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of the Flow International Corporation Proposed Acquisition by American Industrial Partners
SAN DIEGO --(Business Wire)--
Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating
whether members of the Board of Directors of Flow International
Corporation (Nasdaq: FLOW) breached their fiduciary duties in connection
with the company's proposed acquisition by American Industrial Partners.
On September 26, 2013, American Industrial announced that it had entered
into a definitive merger agreement to acquire Flow International for
$4.05 a share.
The investigation will determine whether the Flow Board of Directors
breached their fiduciary dutiesto stockholders by failing to
satisfactorily shop the Company before entering into the merger
agreement. The $4.05 per share price is well below analysts mean target
for the stock.
If you are interested in learning more about the investigation or your
legal rights and remedies, please contact lead analyst Jim Baker (firstname.lastname@example.org)
Johnson & Weaver, LLP is a nationally recognized shareholders' rights
law firm. The firm represents individual and institutional investors in
shareholder derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit http://www.johnsonandweaver.com.
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