SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation In Connection With The Sale Of The Hallwood Group Incorporated (HWG), Kayak Software Corporation (KYAK) And PSS World Medical, Inc. (PSSI)
NEW YORK, Nov. 9, 2012 /PRNewswire/ --
The Hallwood Group IncorporatedLevi & Korsinsky is investigating the Board of Directors of The Hallwood Group Incorporated (NYSE/AMEX: HWG) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a going private proposal from Hallwood Financial.
Click here to learn more about the investigation: http://zlk.9nl.com/hallwood-group-hwg , or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Hallwood Group shareholders would receive $10 for each share of Hallwood Group stock they own. The investigation concerns, among other things, whether the proposed consideration to be paid to Hallwood Group shareholders is unfair, inadequate, and substantially below the fair or inherent value of Hallwood Group. In particular, Hallwood Group stock traded higher than the offer price as recently as August 13, 2012 and Hallwood Group has reported a book value of $31.71, for the most recent quarter.Kayak Software CorporationLevi & Korsinsky is investigating the Board of Directors of Kayak Software Corporation (NasdaqGS: KYAK) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to priceline.com Incorporated (NasdaqGS: PCLN) under which shareholders would receive cash and stock valued at approximately $40 per share. Click here to learn more about the investigation: http://zlk.9nl.com/kayak-software-kyak , or call: 877-363-5972. PSS World Medical, Inc.Levi & Korsinsky is investigating the Board of Directors of PSS World Medical, Inc. (NasdaqGS: PSSI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to McKesson Corporation (NYSE: MCK) for $29 per share. Click here to learn more about the investigation: http://zlk.9nl.com/pss-world-medical-pssi , or call: 877-363-5972. 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. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq.30 Broad Street - 24th Floor New York, NY 10004Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.com SOURCE Levi & Korsinsky, LLP
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