Kirby McInerney LLP is investigating potential claims against the Board of Directors of Flow International Corporation (“Flow” or the “Company”) (NASDAQ:FLOW) concerning the proposed acquisition of the Company by American Industrial Partners (“AIP”). Under the terms of the proposed transaction, Flow stockholders will receive $4.05 in cash for each share of Flow owned, valuing the transaction in excess of $200 million.
The investigation concerns whether Flow’s Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed consideration adequately values Flow’s common stock.
If you are a shareholder of Flow and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at email@example.com, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.