NEW YORK, May 3, 2012 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of Kensey Nash Corp. ("Kensey Nash" or the "Company")
(NASDAQ: KNSY) concerning the proposed acquisition of the Company
by Royal DSM N.V. ("Royal DSM") in a transaction valued at
approximately $360 million.
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On May 3, 2012, it was announced
that Kensey Nash and Royal DSM have entered into a definitive
agreement pursuant to which Royal DSM will acquire Kensey
Nash. Under the agreement, Kensey Nash shareholders will
receive $38.50 per share in
cash.
Our investigation concerns whether the Kensey Nash board of
directors is fulfilling its fiduciary duties, maximizing the value
of the Company, disclosing all material benefits and costs, and
obtaining full and fair consideration for Company
shareholders.
If you own Kensey Nash shares and wish to discuss this matter
with us, or have any questions concerning your rights and interests
with regard to this matter, please contact:
Benjamin Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter.
SOURCE Harwood Feffer LLP