Law Office of Brodsky & Smith, LLC Announces Investigation of Thermadyne Holdings Corp.
06 Octobre 2010 - 3:00AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Thermadyne Holdings Corp. (“Thermadyne” or the “Company”) (Nasdaq:
THMD) relating to the proposed acquisition by affiliates of Irving
Capital.
Under the terms of the offer, Thermadyne shareholders would
receive cash of $15.00 for each share of Thermadyne stock they own.
The investigation concerns possible breaches of fiduciary duty and
other violations of state law. The transaction appears to be
unfair, in part, given that Thermadyne stock was trading at $15.09
a share as recently as October 4, 2010 and was trading at $14.23 a
share on September 28, 2010.
If you own shares of Thermadyne and wish to discuss the legal
ramifications of the proposed transaction, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, or by calling toll free
877-LEGAL-90.
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