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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation in Connection with the Sale of Kayak Software Corporation (KYAK) and PSS World Medical, Inc. (PSSI)

NEW YORK, Nov. 8, 2012 /PRNewswire/ -- 

Kayak Software Corporation

Levi & Korsinsky is investigating the Board of Directors of Kayak Software Corporation (NasdaqGS: KYAK) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to priceline.com Incorporated (NasdaqGS: PCLN).

Click here to learn more about the investigation: http://zlk.9nl.com/kayak-software-kyak, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Kayak shareholders will receive $40 in cash and stock for each share of Kayak stock they own. The transaction has a total approximate value of $1.8 billion. The investigation concerns whether the Kayak Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether priceline.com Incorporated is underpaying for Kayak shares, thus unlawfully harming Kayak stockholders.

PSS World Medical, Inc.

Levi & Korsinsky is investigating the Board of Directors of PSS World Medical, Inc. (NasdaqGS: PSSI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to McKesson Corporation (NYSE: MCK).

Click here to learn more about the investigation: http://zlk.9nl.com/pss-world-medical-pssi, or call: 877-363-5972.

Under the terms of the transaction, PSSI shareholders will receive $29.00 for each share of PSSI stock they own. The transaction has a total approximate value of $2.1 billion. The investigation concerns whether the PSSI Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether McKesson Corporation is underpaying for PSSI shares, thus unlawfully harming PSSI stockholders.

Levi & Korsinsky is a national firm with offices in New York 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.  For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO )

CONTACT:    
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.

30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free:  (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

 

SOURCE Levi & Korsinsky, LLP

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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