Robbins & Myers, Inc. : Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Robbins & Myers, Inc. (RBN)
08/09/2012| 08:05pm US/Eastern
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Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Robbins &
Myers, Inc. ("Robbins & Myers" or the "Company") (NYSE: RBN) for
potential breaches of fiduciary duties in connection with their conduct
related to the sale of the Company to National Oilwell Varco, Inc.
(NYSE: NOV) in an all-cash deal valued at approximately $2.5 billion.
Under the terms of the proposed transaction, Robbins & Myers'
stockholders will receive $60 in cash for each share of Robbins & Myers'
common stock they own, while according to Yahoo! Finance, at least one
financial analyst has set a price target of $72 for Robbins & Myers.
Request more information now by clicking here: www.faruqilaw.com/RBN.
There is no cost or obligation to you.
Whether Robbins & Myers' Board of Directors breached their fiduciary
duties to the Company's stockholders by failing to conduct an adequate
and fair sales process prior to agreeing to this proposed transaction,
whether the proposed transaction undervalues Robbins & Myers' shares and
by how much this proposed transaction undervalues the Company to the
detriment of Robbins & Myers' shareholders are the key focus of this
investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm's clients.
If you own common stock in Robbins & Myers and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/RBN
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New
York, NY 10017
Attn: Juan E. Monteverde, Esq.,
jmonteverde@faruqilaw.com
Toll
Free: (877) 247-4292
Phone: (212)-983-9330
© Business Wire 2012
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