NEW YORK, Dec. 1, 2016
/PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is
investigating potential claims against the board of directors of
CLARCOR Inc. ("CLARCOR" or the "Company") (NYSE: CLC) concerning
the proposed acquisition of the Company by Parker
Hannifin Corporation ("Parker").
Under the terms of the offer, Parker would acquire
CLARCOR in a transaction valued at approximately $4.3 billion. Pursuant to the deal,
CLARCOR stockholders will receive $83.00 in cash for each share owned.
Our investigation concerns whether the CLARCOR board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company
stockholders.
If you own CLARCOR shares and wish to discuss
this matter with us, or have any questions concerning your rights
and interests with regard to this matter, please
contact:
Robert I. Harwood,
Esq.
Benjamin
I. Sachs-Michaels, Esq.
Harwood Feffer
LLP
488 Madison Avenue
New York, New York 10022
Phone
Numbers: (877)
935-7400
(212) 935-7400
Email:
bsachsmichaels@hfesq.com
Website:
http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many
years, serving as lead counsel in numerous cases in
federal and state courts. Please visit the Harwood Feffer LLP
website (http://www.hfesq.com) for
more information about the firm.
Attorney Advertising. The law firm responsible for
this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not guarantee
or predict a similar outcome with respect to any
future matter.
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SOURCE Harwood Feffer LLP