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Kendall Law Group Investigates Keithley Instruments, Inc. Acquisition for Shareholders

^{Published on 2010-09-29 10:10:19 - Market Wire}
 

DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ], led by former federal judge Joe Kendall, is investigating Keithley Instruments, Inc. (NYSE: KEI) for shareholders in connection with the proposed acquisition by Danaher Corporation. The national securities firma™s investigation seeks to determine whether Keithley 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 Keithley 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 September 29, 2010, the companies announced that they entered into a definitive merger agreement under which Keithley would be acquired by Danaher in a transaction valued at approximately $300 million net of cash. Under the terms of the agreement, Keithley stockholders will receive $21.60 in cash for each share of Keithley/ KEI common stock. The firma™s investigation seeks to determine whether the transaction is providing the best value for 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.