Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of
Kaydon Corporation Shareholders
NEW YORK -- September 9, 2013
Kirby McInerney LLP is investigating potential claims against the Board of
Directors of Kaydon Corporation (“Kaydon” or the “Company”) (NYSE: KDN)
related to the proposed acquisition of the Company by AB SKF. Under the terms
of the transaction, Kaydon shareholders will receive $35.50 cash for each
share of Kaydon stock they own, valuing the transaction at approximately $1.25
The investigation concerns whether Kaydon’s Board of Directors violated its
fiduciary duties by agreeing to this transaction and whether the proposed
consideration adequately values Kaydon’s common shares. At least one analyst
has set a price target of $36.00 per share and the shares traded at over
$38.00 in 2012.
If you are a shareholder of Kaydon Corporation and wish to obtain additional
information, please contact J.Brandon Walker, Esq. by email at
email@example.com, by telephone at (212) 699-1145 or (888) 529-4787, or by
filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities,
shareholder, whistleblower, antitrust and consumer litigation. For additional
information, please go to www.kmllp.com.
Kirby McInerney LLP
J. Brandon Walker, Esq., 212-699-1145 or 888-529-4787
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