Shareholders Foundation, Inc.

NASDAQ:KTWO Investor Alert: Investigation of Takeover of K2M Group Holdings, Inc

An investigation on behalf of investors of K2M Group Holdings, Inc. (NASDAQ: KTWO) in connection with the proposed takeover was announced and NASDAQ: KTWO stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 09/06/2018 -- An investigation was announced concerning whether the takeover of K2M Group Holdings, Inc. by Stryker Corporation is unfair to NASDAQ: KTWO stockholders.

Investors who purchased shares of K2M Group Holdings, Inc. (NASDAQ: KTWO) and currently hold any of those K2M Group Holdings, Inc. (NASDAQ: KTWO shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of K2M Group Holdings, Inc. breached their fiduciary duties owed to NASDAQ: KTWO investors in connection with the proposed acquisition.

On August 30, 2018, K2M Group Holdings, Inc.(Nasdaq: KTWO) (the "Company" or "K2M") announced a merger agreement with Stryker Corporation ("Stryker", NYSE: SYK) pursuant to which Stryker has agreed to acquire all of the issued and outstanding shares of common stock of K2M in an all cash transaction for $27.50 per share, or a total equity value of approximately $1.4 billion.

However, given that at least one analyst has set the high target price for NASDAQ:KTWO shares at $29.00 per share, the investigation concerns whether the offer is unfair to K2M Group Holdings, Inc. (NASDAQ: KTWO stockholders. More specifically, the investigation concerns whether the K2M Group Holdings, Inc. (NASDAQ: KTWO Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

K2M Group Holdings, Inc. reported that its annual Total Revenue rose from $236.63 million in 2016 to $258.031 million in 2017.

Shares of K2M Group Holdings, Inc. (NASDAQ: KTWO) closed on September 5, 2018, at $27.30 per share.

Those who are current investors in K2M Group Holdings, Inc. (NASDAQ: KTWO) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About:
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.