Law Office of Brodsky & Smith, LLC Announces Investigation of
KBW, Inc. and The Warnaco Group, Inc.
BALA CYNWYD, Pa., Nov. 13, 2012 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of KBW, Inc. ("KBW"
or the "Company") (NYSE: KBW) relating to the proposed acquisition
by Stifel Financial Corp. ("Stifel").
Under the terms of the transaction, KBW shareholders will
receive only $10.00 in cash and
$7.50 per share in Stifel common
stock for each share of KBW stock they own. The transaction may
undervalue the Company and result in a substantial loss for many
KBW shareholders. For example KBW stock traded at $29.02 on February 16,
2011 and $19.17 as recently as
March 26, 2012. In addition, an
analyst has set a price target for KBW stock at $22.00 per share.
If you own shares of KBW stock 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 visiting
http://brodsky-smith.com/498-kbw-kbw-inc.html, by calling toll free
877-LEGAL-90.
Investigation of The Warnaco Group, Inc.
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
The Warnaco Group, Inc. ("Warnaco" or the "Company") (NYSE: WRC)
relating to the proposed acquisition by PVH Corp. ("PVH"). Under
the terms of the transaction, Warnaco shareholders will receive
only $51.75 in cash and 0.1822 shares
of PVH common stock for each share on Warnaco common stock they
own. The transaction values Warnaco at approximately $68.43 per share. The investigation seeks to
determine if the price being paid is fair and if conflicts of
interests played a role in the transaction. For example, Warnaco
stock has traded as high as $71.32 as
recently as November 1, 2012 and
Warnaco CEO is expected to join PVH's Board of Directors.
If you own shares of Warnaco stock 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 visiting
http://brodsky-smith.com/495-wrc-the-warnaco-group-inc.html, by
calling toll free 877-LEGAL-90.
Attorney Advertising. Past results do not guarantee a similar
outcome.
SOURCE Brodsky & Smith, LLC