kmg merger investigation

Merger News

Levi & Korsinsky Investigating KMG Chemicals, Inc. (KMG) Merger

Levi & Korsinsky

August 16, 2018

NEW YORK, August 16, 2018 – Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of KMG Chemicals, Inc. (NYSE: KMG) to Cabot Microelectronics Corporation (NASDAQGS: CCMP). Under the terms of the KMG merger, KMG shareholders will receive $55.65 in cash and 0.2000 of a share of Cabot Microelectronics common stock for each KMG share they own. This represents a value of approximately $79.50 per share. To learn more about the KMG merger investigation and your rights, go tohttp://www.zlk.com/mna/kmg-chemicals-inc or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The KMG merger investigation concerns whether the Board of KMG breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Cabot Microelectronics Corporation is underpaying for KMG shares, thus unlawfully harming KMG shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.