SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces
Investigation in Connection with the Sale of The Hallwood Group
Incorporated (HWG), Kayak Software Corporation (KYAK) and PSS World
Medical, Inc. (PSSI)
NEW YORK, Nov. 9, 2012 /PRNewswire/ --
The Hallwood Group Incorporated
Levi & Korsinsky
is investigating the Board of Directors of The Hallwood Group
Incorporated (NYSE/AMEX: HWG) for possible breaches of fiduciary
duty and other violations of state law in connection with the
receipt of a going private proposal from Hallwood Financial.
Click here to learn more about the investigation:
http://zlk.9nl.com/hallwood-group-hwg, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Hallwood Group shareholders
would receive $10 for each share of
Hallwood Group stock they own. The investigation concerns, among
other things, whether the proposed consideration to be paid to
Hallwood Group shareholders is unfair, inadequate, and
substantially below the fair or inherent value of Hallwood Group.
In particular, Hallwood Group stock traded higher than the offer
price as recently as August 13, 2012
and Hallwood Group has reported a book value of $31.71, for the most recent quarter.
Kayak Software Corporation
Levi & Korsinsky is
investigating the Board of Directors of Kayak Software Corporation
(NasdaqGS: KYAK) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to priceline.com Incorporated (NasdaqGS: PCLN) under which
shareholders would receive cash and stock valued at approximately
$40 per share.
Click here to learn more about the investigation:
http://zlk.9nl.com/kayak-software-kyak, or call:
877-363-5972.
PSS World Medical, Inc.
Levi & Korsinsky is
investigating the Board of Directors of PSS World Medical, Inc.
(NasdaqGS: PSSI) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to McKesson Corporation (NYSE: MCK) for $29 per share.
Click here to learn more about the investigation:
http://zlk.9nl.com/pss-world-medical-pssi, or call:
877-363-5972.
Levi & Korsinsky is a national firm with offices in
New York and Washington D.C.
The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP