SHAREHOLDER ALERT: Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Gardner Denver Inc. in Connection with the Sale of the Company to Kohlberg Kravis Roberts & Co.

Fri Mar 8, 2013 11:59am EST

* Reuters is not responsible for the content in this press release.

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130308:nBw085628a

NEW YORK--(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of Gardner Denver Inc.
("Gardner Denver" or the "Company") (NYSE: GDI) for possible breaches of
fiduciary duty and other violations of state law in connection with the sale of
the Company to Kohlberg Kravis Roberts & Co. ("KKR"). 

Click here to learn how to join the action:
http://zlk.9nl.com/gardner-denver-gdi/, or call: 877-363-5972. There is no cost
or obligation to you. 

Under the terms of the transaction, Gardner Denver shareholders will receive $76
for each share of Gardner Denver common stock they own. The transaction has a
total approximate value of $3.7 billion. The investigation concerns whether the
Gardner Denver Board of Directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before entering into this
transaction and whether KKR is underpaying for Gardner Denver shares, thus
unlawfully harming Gardner Denver stockholders. In particular, at least one
analyst set a price target for Gardner Denver stock at $85.00 per share. 

If you own common stock in Gardner Denver and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
http://zlk.9nl.com/gardner-denver-gdi/. 

Levi & Korsinsky is a national firm with offices in New York, New Jersey, and
Washington D.C. The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky
have been appointed by numerous courts throughout the country to serve as lead
counsel on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf of
investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com

Copyright Business Wire 2013

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.