Lifshitz Law Firm Announces Investigation of Sauer-Danfoss, Inc., KBW, Inc., MIPS Technologies, Inc. and Spartech Corporation
NEW YORK, Dec. 2, 2012 /PRNewswire/ --
Sauer-Danfoss, Inc.
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Sauer-Danfoss, Inc. (NYSE: SHS) (referred to as "Sauer-Danfoss") to Danfoss A/S (referred to as "Danfoss") in a cash transaction. On November 28, Sauer-Danfoss confirmed that it has received notice from Danfoss of its intention to launch a tender offer to acquire all of the outstanding shares of Sauer-Danfoss that it does not already own at a price of $49.00 per share. Danfoss and its subsidiaries currently own approximately 75.6% of the outstanding shares of Sauer-Danfoss.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 239-4350 or by sending an e-mail including your contact information to: [email protected].
KBW, Inc.
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of KBW, Inc. (NYSE: KBW) (referred to as "KBW") to Stifel Financial Corp. ("Stifel"). in a cash and stock transaction valued in excess of $575 million. Pursuant to the merger agreement, each KBW shareholder will receive $10.00 per share in cash and $7.50 per share in Stifel common stock. Holders of certain restricted KBW shares will receive $17.50 in Stifel common stock.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 239-4350 or by sending an e-mail including your contact information to: [email protected].
MIPS Technologies, Inc.
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of MIPS Technologies, Inc. (NASDAQGS: MIPS) (referred to as "MIPS") to Imagination Technologies Group plc following the consummation of the proposed patent sale transaction with Bridge Crossing, LLC and the proposed recapitalization, for $60 million (U.S.) in cash. On November 20, MIPS announced that it has received an unsolicited proposal from CEVA, Inc. to acquire all of the outstanding MIPS shares, following the consummation of the proposed patent sale transaction and the proposed recapitalization for $75 million in cash.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 239-4350 or by sending an e-mail including your contact information to: [email protected].
Spartech Corporation
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Spartech, Inc. (NYSE: SEH) (referred to as "Spartech") to PolyOne Corporation. Under the terms of the agreement, Spartech stockholders will receive cash and stock valued at $8.00 per Spartech common share, representing a total transaction value of approximately $393 million, including the assumption of Spartech's net debt of $142 million.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 239-4350 or by sending an e-mail including your contact information to: [email protected].
Lifshitz Law Firm is a New York based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.jlclasslaw.com.
ATTORNEY ADVERTISING. © 2012 Lifshitz Law Firm. The law firm responsible for this advertisement is Lifshitz Law Firm, 18 East 41st Street, New York, New York 10017, (516) 239-4350. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law Firm
Phone: 516-239-4350
Email: [email protected]
SOURCE Lifshitz Law Firm
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