The Rosen Law Firm is investigating the Board of Directors of Kenexa Corp. (NYSE: KNXA) for possible breaches of fiduciary duty and other violations of state law in connection with its sale to IBM Corp. If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at firstname.lastname@example.org or email@example.com. There is no cost or obligation to you. Under the terms of the proposal offered by IBM, shareholders will receive $46.00 for each share of Kenexa stock they own. The investigation relates to whether the proposal for $46.00/share is fair to public shareholders and whether Kenexa’s Board breached its fiduciary duties in connection with the offer. If you own Kenexa common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Attorney Advertising. Prior results do not guarantee a similar outcome.
Kenexa (NYSE:KNXA) hit a new 52-week high Thursday as it is currently trading at $33.21, above its previous 52-week high of $33.19 with 433,729 shares traded as of 3:45 p.m. ET. Average volume has been 261,400 shares over the past 30 days.