|[November 09, 2012]
Kayak Software Investor Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to priceline.com
DALLAS --(Business Wire)--
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor, LLP are investigating the sale of Kayak Software Corporation
("Kayak") (NasdaqGS: KYAK) to priceline.com for shareholders. Under the
proposed sale, Kayak shareholders will only receive $40 in cash for each
share of Kayak common stock owned in a deal valued at approximately $1.3
If you are an affected investor, and you want to learn more about the
lawsuit or join the action, contac Patrick Powers at Powers Taylor,
LLP, toll free (877) 728-9607, via e-mail at firstname.lastname@example.org,
or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via
email at WBriscoe@TheBriscoeLawFirm.com.
There is no cost or fee to you.
The Kayak sale investigation centers on whether Kayak shareholders are
receiving adequate compensation for their shares in the buyout, whether
the transaction undervalues Kayak stock, and whether Kayak's board
attempted to obtain the highest share price for all shareholders prior
to agreeing to the deal. Shareholder rights attorney Willie Briscoe
stated that "due to the fact that Kayak only went public less than four
months ago, we believe that this proposed sale may undervalue Kayak
stock. Our lawsuit will seek to obtain the highest share price for all
Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience
in complex litigation and transactional matters.
Taylor, LLP is a boutique litigation law firm that handles a variety
of complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits,
and security class actions.
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