Faruqi & Faruqi, LLP Announces Investigation Related to the Acquisition of Thermadyne Holdings Corp.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Thermadyne Holdings Corp. (“Thermadyne” or the “Company”) (NasdaqCM: THMD) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Irving Place Capital. The proposed transaction offers Thermadyne shareholders to only receive $15.00 in cash for each share they own. According to Thompson/First Call, at least one analyst has set a price target of $18.35 per share for Thermadyne common stock. The transaction, which is expected to be completed in December of 2010, is valued at approximately $422 million, including $201.9 million in debt. Request more information to protect your financial interest by clicking here: www.faruqilaw.com/thermadyne.

Whether the Thermadyne’s Board of Directors breached their fiduciary duties to Thermadyne’s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Thermadyne’s shares and by how much this proposed transaction undervalues the Company to the detriment of Thermadyne shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in Thermadyne and wish to obtain additional information, please visit us at www.faruqilaw.com/thermadyne or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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Thermadyne Hldgs Corp (MM) (NASDAQ:THMD)
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