NEW YORK, Aug. 16, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against KMG Chemicals, Inc. (NYSE: KMG) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Cabot Microelectronics Corporation. Stockholders will receive $55.65 in cash and 0.2000 shares of Cabot Microelectronics common stock for each share of KMG Chemicals stock that they hold. The transaction is valued at approximately $1.6 billion (including debt) and is expected to close by the end of 2018.
If you are a stockholder of KMG Chemicals, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/kmg. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar outcome.
SOURCE Rowley Law PLLC