|Finkelstein Thompson LLP Announces Investigation of Robbins & Meyers, Inc.|
August 13, 2012
WASHINGTON, DC-(BUSINESSWIRE)- The law firm of Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Robbins & Meyers, Inc. ("Robbins" or the "Company") (NYSE: RBN), concerning the proposed acquisition of the Company by National Oilwell Varco, Inc. ("National") (NYSE: NOV). Under the terms of the proposed transaction, Robbins shareholders would receive $60.00 per share in cash, in a deal valued at approximately $2.5 billion.
Over the past two years, Robbins' share price has nearly doubled, outperforming both certain competing firms and larger market indices.
The investigation is focused on the potential unfairness of the consideration to Robbins shareholders, the process by which the Company’s Board of Directors considered the transaction, and potential conflicts of interests among Robbins’ Board members.
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
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