Robbins & Myers, Inc. : SHAREHOLDER ALERT: Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Robbins & Myers, Inc. in Connection with the Sale of the Company to National Oilwell Varco, Inc.
08/10/2012| 11:15am US/Eastern
Recommend:
Levi & Korsinsky is investigating the Board of Directors of Robbins &
Myers, Inc. ("Robbins & Myers" or the "Company") (NYSE: RBN) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to National Oilwell Varco, Inc.
(NYSE: NOV).
Click here to learn more about the investigation: http://zlk.9nl.com/robbins-myers-rbn,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Robbins & Myers shareholders will
receive $60 per Robbins & Myers share they own, for a total approximate
transaction value of $2.5 billion. The investigation concerns whether
the Robbins & Myers Board of Directors breached their fiduciary duties
to stockholders by failing to adequately shop the Company before
entering into this transaction and whether National Oilwell Varco, Inc.
is underpaying for Robbins & Myers shares, thus unlawfully harming
Robbins & Myers stockholders. In particular, at least one analyst set a
price target for Robbins & Myers stock at $72 per share.
If you own common stock in Robbins & Myers and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/robbins-myers-rbn.
Levi & Korsinsky is a national firm with offices in New York and
Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of investors. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky,
Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel:
212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com
© Business Wire 2012
Recommend :
