Ryan & Maniskas, LLP Announces Investigation of Kaydon Corporation
WAYNE, Pa., Sept. 6, 2013
WAYNE, Pa., Sept. 6, 2013 /PRNewswire/ --Ryan & Maniskas, LLP is
investigating potential claims against the board of directors of Kaydon
Corporation ("Kaydon" or the "Company") (NYSE: KDN) concerning possible
breaches of fiduciary duty and other violations of law related to the
Company's efforts to sell the Company to AB SKF in a transaction valued at
approximately $1.25 billion.
Under the terms of the agreement, shareholders of Kaydon will receive $35.50
per share in cash for each share of Kaydon they own.
If you own shares of Kaydon and would like to learn more about these claims or
if you wish to discuss these matters and have any questions concerning this
announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at
(877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/kdn. You
may also email Mr. Maniskas at firstname.lastname@example.org.
Our investigation concerns possible breaches of fiduciary duty and other
violations of state law by Kaydon's Board of Directors for not acting in the
Company's shareholders' best interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal courts
nationwide. To learn more about the class action process, please visit:
CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
SOURCE Ryan & Maniskas, LLP
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