Kendall Law Group, a national securities firm led by a former federal judge, is investigating Thermadyne Holdings Corporation (NASDAQ: THMD) for shareholders in connection with the proposed acquisition by Irving Place Capital. The firm is investigating whether Thermadyne properly shopped the Company prior to entering into the agreement. This possible breach of fiduciary duty may have kept the Company from reaching a deal that would provide better value of the Company. If you are a Thermadyne shareholder and would like additional information about your rights, you are encouraged to contact the Kendall Law Group at 877-744-3728 or by email at skendall@kendalllawgroup.com.

On October 5, 2010, the companies announced the definitive merger agreement under which Thermadyne would be acquired by Irving Place Capital in a transaction valued at approximately $422 million. Under the terms of the agreement, Thermadyne stockholders will receive $15.00 in cash for each share of Thermadyne/THMD common stock held, which represents a less than 2% premium over the closing price on October 4, 2010. Based on historical stock prices, the firm believes the transaction significantly undervalues the company.

Kendall Law Group was founded by former federal judge Joe Kendall, 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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