Knology, Inc. : Kendall Law Group Investigates Knology, Inc.
04/18/2012| 12:00pm US/Eastern
Law Group, led by former federal judge Joe Kendall, is investigating
Knology, Inc. (NASDAQ: KNOL) for shareholders in connection with the
proposed acquisition by WOW! Internet, Cable & Phone. The national
securities firm's investigation seeks to determine whether Knology 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 Knology shareholder and would like additional
information about your rights, contact the Kendall Law Group at
877-744-3728 or by email at firstname.lastname@example.org.
On April 18, 2012, the companies announced the definitive merger
agreement under which Knology would be acquired by WOW!, in a
transaction valued at approximately $750 million. Under the terms of the
agreement, Knology stockholders will receive $19.75 in cash for each
share of Knology/KNOL common stock held. The offer represents a 9.4
percent premium to Knology's closing price on Tuesday. The firm's
investigation seeks to determine whether Knology and its Board undertook
a fair process in negotiating the deal.
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.
Kendall Law Group LLP
Daniel Hill, 214-744-3000
© Business Wire 2012