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Share Name | Share Symbol | Market | Type |
---|---|---|---|
K-Tron International (MM) | NASDAQ:KTII | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 150.01 | 0 | 00:00:00 |
Levi & Korsinsky is investigating the Board of Directors of K-Tron International, Inc. (“K-Tron” or the “Company”) (NasdaqGS: KTII) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Hillenbrand, Inc. ("Hillenbrand") (NYSE: HI). Under the terms of the deal, K-Tron shareholders will receive $150.00 in cash for each share of K-Tron they own for a total transaction value of approximately $435 million.
The investigation concerns whether the K-Tron Board of Directors breached their fiduciary duties to K-Tron stockholders by failing to adequately shop the Company before entering into this transaction and whether Hillenbrand is underpaying for K-Tron shares, thus unlawfully harming K-Tron stockholders.
If you own common stock in K-Tron and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/ktii1.html.
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.
1 Year K Tron Chart |
1 Month K Tron Chart |
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