Mergers & Acquisitions
Corporate directors have a legal duty to maximize value for shareholders when making all material decisions for the companies which they direct. Mergers and acquisitions present a challenge to many public company directors, whose fiduciary responsibilities to shareholders can be rivaled by attractive transaction-related interests such as accelerated vesting of options or lucrative employment offers, often resulting in mergers that are not in the best interest of the public shareholders.
KM Mergers and Acquisitions Practice Group represents institutional and individual shareholders in litigation concerning takeovers of public corporations. KM investigates corporate takeovers as soon as they are announced to provide its clients with accurate information about the fairness of the transactions. When potential breaches of fiduciary duties are identified, KM works with shareholders to hold directors responsible for the breach. KM’s efforts have resulted in millions of dollars of increased merger consideration for public shareholders, disclosures of material information necessary for shareholders to make an informed decision on the fairness of the transaction, and significant structural changes to merger agreements designed to attract competing bids and maximize shareholder value.
- - Overland Storage, Inc.
- - InterMune, Inc.
- - Chelsea Therapeutics International, Ltd.
- - DirecTV, Inc.
Merger & Acquisition Investigations
KM Practice Areas