Cases
KMG Chemicals, Inc. (KMG)
Merger
Overview
Overview
- Date:
- 8/16/2018
- Company Name:
- KMG Chemicals, Inc.
- Stock Symbol:
- KMG
- Company Name - Buyer:
- Cabot Microelectronics Corporation
- Status:
- Closed/Complete
- Merger Announcement Date:
- 8/15/2018
NEW YORK, August 16, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against KMG Chemicals, Inc. (NYSE: KMG) on behalf of stockholders concerning the proposed acquisition of the company by Cabot Microelectronics Corporation.
Pursuant to the proposed transaction, announced on August 15, 2018 and valued at approximately $1.6 billion, KMG stockholders will receive $55.65 per share in cash and 0.20 shares of Cabot Microelectronics for their KMG common stock. Our investigation concerns whether KMG’s board of directors failed to adequately shop the company and obtain the best possible price for its stockholders before entering into a definitive agreement with Cabot Microelectronics.
If you own KMG shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on August 15, 2018 and valued at approximately $1.6 billion, KMG stockholders will receive $55.65 per share in cash and 0.20 shares of Cabot Microelectronics for their KMG common stock. Our investigation concerns whether KMG’s board of directors failed to adequately shop the company and obtain the best possible price for its stockholders before entering into a definitive agreement with Cabot Microelectronics.
If you own KMG shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.