Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of K-Sea Transportation Partners L.P. (“K-Sea” or the “Company”) (NYSE:KSP) related to the Company’s agreement to be acquired by Kirby Corporation (“Kirby”). The proposed cash-and-stock transaction is valued at approximately $335 million.

Under the terms of the definitive agreement entered into by the parties, K-Sea’s common unitholders will have the right to receive either $8.15 in cash, or a combination of $4.075 in cash plus 0.0734 shares of Kirby common stock, for each K-Sea common unit they own. The proposed transaction was unanimously approved by K-Sea’s board of directors. If the transaction is completed, K-Sea will become a wholly owned subsidiary of Kirby. The transaction is expected to close in the second or third quarter of 2011. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by K-Sea’s board of directors.

If you are a shareholder of K-Sea, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847, Toll Free at 888-638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

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