KLA-Tencor Stockholders Encouraged to Contact Securities Law Firm about Takeover
NEW YORK, Oct. 23, 2015 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating the board of KLA-Tencor (NASDAQ: KLAC) in connection with a buyout for only $67.02 per share in cash and stock. Concerned KLAC investors are encouraged to contact attorney Hamilton Lindley by clicking here.
Although first quarter earnings were up by 46% over last year, the proposed buyout premium is 10 percent less than the average premium for the industry. KLA Tencor stock traded as high as $84.21 in November 2014 and higher than the buyout price as recently as January 23, 2015. The potential shareholder lawsuit will seek to ensure KLA-Tencor shareholders receive the highest price reasonably available for their stock and that all relevant information is disclosed.
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. KLAC stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/KLAC.
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SOURCE Dunnam & Dunnam LLP
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