KLX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of KLX Inc.
May. 15, 2018
NEW ORLEANS--(BUSINESS WIRE)--May 15, 2018--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of KLX Inc. (“KLX”) (NasdaqGS: KLXI) to The Boeing Company (“Boeing”) (NYSE: BA). Under the terms of the proposed transaction, shareholders of KLX will receive only $63.00 in cash for each share of KLX common stock that they own. Boeing’s acquisition of KLX will include KLX’s Aerospace Solutions Group, and is conditional upon the successful divestment and separation of KLX’s Energy Services Group. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( firstname.lastname@example.org ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-klxi/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180515006230/en/
CONTACT: Kahn Swick & Foti, LLC
Lewis Kahn, 855-768-1857
KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Kahn Swick & Foti, LLC
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PUB: 05/15/2018 11:18 AM/DISC: 05/15/2018 11:18 AM