Thermadyne Holdings Corp. Merger Litigation (Nasdaq: THMD)
Law Office of Brodsky & Smith, LLC Announces Investigation of Thermadyne Holdings Corp.
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Thermadyne Holdings Corp. (“Thermadyne” or the “Company”) (Nasdaq: THMD – News) relating to the proposed acquisition by affiliates of Irving Capital.
Under the terms of the offer, Thermadyne shareholders would receive cash of $15.00 for each share of Thermadyne stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law. The transaction appears to be unfair, in part, given that Thermadyne stock was trading at $15.09 a share as recently as October 4, 2010 and was trading at $14.23 a share on September 28, 2010.
If you own shares of Thermadyne and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at firstname.lastname@example.org, or by calling toll free 877-LEGAL-90.
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