Kendall Law Group Investigates NYSE Euronext for Shareholders
16 Febbraio 2011 - 4:35PM
Business Wire
Kendall Law Group, led by former federal judge Joe Kendall, is
investigating NYSE Euronext (NYSE: NYX) for shareholders in
connection with the business combination agreement with Deutsche
Boerse AG. The national securities firm’s investigation seeks to
determine whether NYSE Euronext and its Board breached their
fiduciary duties by entering into the agreement without properly
shopping for a deal that would provide better value for
shareholders. If you are a NYSE Euronext shareholder and would like
additional information about your rights, contact the Kendall Law
Group at 877-744-3728 or by email at
skendall@kendalllawgroup.com.
On February 16, 2011, the companies announced that they have
entered into a business combination agreement under which NYSE
Euronext would be acquired by Deutsche Boerse. Under the terms of
the agreement, NYSE Euronext stockholders will receive 0.4700 of a
share of a new holding company under Deutsche Boerse for each share
of NYSE Euronext/NYX common stock held. The firm’s investigation
seeks to determine whether NYSE Euronext and its Board negotiated a
deal that provides the best value available to shareholders.
Kendall Law Group was founded by a former federal judge,
includes a former United States Attorney, prosecutors and
securities lawyers who are experienced in complex securities
litigation. The firm has been counsel in numerous merger and
acquisition cases nationwide, including some of the largest
transactions in the United States.
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