Kendall Law Group Investigates Ceradyne Inc.

Before you go, we thought you'd like these...
Before you go close icon

Kendall Law Group Investigates Ceradyne Inc.

DALLAS--(BUSINESS WIRE)-- Kendall Law Group, led by former federal judge Joe Kendall, is investigating Ceradyne Inc. (NAS: CRDN) for shareholders in connection with the proposed acquisition by 3M. The national securities firm's investigation seeks to determine whether Ceradyne and its Board of Directors 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 Ceradyne 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 October 1, 2012, the companies announced the definitive merger agreement under which Ceradyne would be acquired by 3M, in a transaction valued at approximately $860 million. Under the terms of the agreement, Ceradyne stockholders will receive $35 in cash for each share of Ceradyne/CRDN common stock held. The firm's investigation seeks to determine whether Ceradyne and its Board of Directors 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

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Kendall Law Group Investigates Ceradyne Inc. originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners