Kendall Law Group Investigates Bucyrus International Inc. Acquisition for Shareholders
November 15 2010 - 9:30AM
Business Wire
Kendall Law Group, led by former federal judge Joe Kendall, is
investigating Bucyrus International Inc. (NASDAQ: BUCY) for
shareholders in connection with the proposed acquisition by
Caterpillar Inc. The national securities firm’s investigation seeks
to determine whether Bucyrus and its Board breached their fiduciary
duties by entering into the agreement without properly shopping for
a deal that would provide better value for shareholders. If you are
a Bucyrus shareholder and would like additional information about
your rights, contact the Kendall Law Group at 877-744-3728 or by
email at skendall@kendalllawgroup.com.
On November 15, 2010, the companies announced the definitive
merger agreement under which Bucyrus would be acquired by
Caterpillar, in a transaction valued at approximately $7.6 billion.
Under the terms of the agreement, Bucyrus stockholders will receive
$92 in cash for each share of Bucyrus/BUCY common stock. The firm
seeks to determine whether the transaction provides proper value
for the company.
Kendall Law Group was founded by a former federal judge,
includes a former United States Attorney, prosecutors and
securities lawyers who are experienced in complex securities
litigation. The firm has been counsel in numerous merger and
acquisition cases nationwide, including some of the largest
transactions in the United States.
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