MILWAUKEE, Jan. 19, 2024 /PRNewswire/ — Ademi LLP is investigating Kaman (NYSE: KAMN) for possible breaches of fiduciary duty and other violations of law in its transaction with Arcline.
Click here to learn how to join the https://www.ademilaw.com/case/kaman-corp or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, Kaman stockholders will receive only $46.00 per share in an all-cash transaction with a total enterprise value of approximately $1.8 billion. The transaction agreement unreasonably limits competing transactions for Kaman by imposing a significant penalty if Kaman accepts a competing bid. Kaman insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Kaman’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own Kaman common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/kaman-corp.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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Guri Ademi
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