Lifshitz Law Firm Announces Investigation of Sauer-Danfoss, Inc.,
KBW, Inc., MIPS Technologies, Inc. and Spartech Corporation
NEW YORK, Dec. 2, 2012 /PRNewswire/ --
Sauer-Danfoss, Inc.
Lifshitz Law Firm announces an investigation into possible
breaches of fiduciary duty in connection with the proposed sale of
Sauer-Danfoss, Inc. (NYSE: SHS) (referred to as "Sauer-Danfoss") to
Danfoss A/S (referred to as "Danfoss") in a cash transaction.
On November 28, Sauer-Danfoss
confirmed that it has received notice from Danfoss of its intention
to launch a tender offer to acquire all of the outstanding shares
of Sauer-Danfoss that it does not already own at a price of
$49.00 per share. Danfoss and
its subsidiaries currently own approximately 75.6% of the
outstanding shares of Sauer-Danfoss.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (516) 239-4350 or by
sending an e-mail including your contact information to:
info@jlclasslaw.com.
KBW, Inc.
Lifshitz Law Firm announces an investigation into possible
breaches of fiduciary duty in connection with the proposed sale of
KBW, Inc. (NYSE: KBW) (referred to as "KBW") to Stifel Financial
Corp. ("Stifel"). in a cash and stock transaction valued in excess
of $575 million. Pursuant to
the merger agreement, each KBW shareholder will receive
$10.00 per share in cash and
$7.50 per share in Stifel common
stock. Holders of certain restricted KBW shares will receive
$17.50 in Stifel common stock.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (516) 239-4350 or by
sending an e-mail including your contact information to:
info@jlclasslaw.com.
MIPS Technologies, Inc.
Lifshitz Law Firm announces an investigation into possible
breaches of fiduciary duty in connection with the proposed sale of
MIPS Technologies, Inc. (NASDAQGS: MIPS) (referred to as "MIPS") to
Imagination Technologies Group plc following the consummation of
the proposed patent sale transaction with Bridge Crossing, LLC and
the proposed recapitalization, for $60
million (U.S.) in cash. On November 20, MIPS announced that it has received
an unsolicited proposal from CEVA, Inc. to acquire all of the
outstanding MIPS shares, following the consummation of the proposed
patent sale transaction and the proposed recapitalization for
$75 million in cash.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (516) 239-4350 or by
sending an e-mail including your contact information to:
info@jlclasslaw.com.
Spartech Corporation
Lifshitz Law Firm announces an investigation into possible
breaches of fiduciary duty in connection with the proposed sale of
Spartech, Inc. (NYSE: SEH) (referred to as "Spartech") to PolyOne
Corporation. Under the terms of the agreement, Spartech
stockholders will receive cash and stock valued at $8.00 per Spartech common share, representing a
total transaction value of approximately $393 million, including the assumption of
Spartech's net debt of $142
million.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (516) 239-4350 or by
sending an e-mail including your contact information to:
info@jlclasslaw.com.
Lifshitz Law Firm is a New York
based law firm with significant experience representing investors
in merger-related shareholder class actions, shareholder derivative
actions, and securities fraud class actions. For more
information about the firm, please visit our website at
www.jlclasslaw.com.
ATTORNEY ADVERTISING. © 2012 Lifshitz Law
Firm. The law firm responsible for this advertisement is
Lifshitz Law Firm, 18 East 41st Street, New York, New York 10017, (516)
239-4350. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law Firm
Phone: 516-239-4350
Email: info@jlclasslaw.com
SOURCE Lifshitz Law Firm
