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4-Traders Homepage  >  Equities  >  Nasdaq  >  Knology, Inc.    KNOL

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Knology, Inc. : Kendall Law Group Investigates Knology, Inc.

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04/18/2012 | 06:00pm CEST

Kendall 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 investor@kendalllawgroup.com.

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
877-744-3728 Toll Free
214-744-3015 Facsimile
investor@kendalllawgroup.com
www.kendalllawgroup.com


© Business Wire 2012
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