Ryan & Maniskas, LLP Announces Investigation of Keithley Instruments Inc.
30 September 2010 - 7:30AM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/kei) is
investigating potential claims against the board of directors of
Keithley Instruments Inc. ("Keithley" or the "Company") (NYSE:KEI)
concerning possible breaches of fiduciary duty and other violations
of law related to the Company’s efforts to sell Keithley to Danaher
Corporation in a transaction with a value of approximately $300
million net of cash.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to approval of the transaction
by Company’s board of directors; in particular, whether the Company
undertook a fair process to obtain fair consideration for all
shareholders of Keithley. For more information regarding our
investigation, please contact Ryan & Maniskas, LLP (Richard A.
Maniskas, Esquire) toll-free at (877) 316-3218 or by email at
rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/kei.
Under the terms of the agreement, Keithley shareholders will
receive $21.60 in cash for each share of Keithley common stock they
hold.
If you own shares of Keithley and would like to learn more about
these claims or if you wish to discuss these matters and have any
questions concerning this announcement or your rights, contact
Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign
up online, visit: www.rmclasslaw.com/cases/kei. You may also email
Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information
about class action cases in general, please visit our website:
www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan and Maniskas, LLP is devoted to protecting the interests
of individual and institutional investors in shareholder actions in
state and federal courts nationwide.
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