Delaware-based Rigrodsky & Long, P.A. Saturday said it has started investigation regarding potential legal claims against the board of directors of Gardner Denver, Inc. (GDI).
The investigation concerns possible breaches of fiduciary duties and other violations relating to the company's agreement with Kohlberg Kravis Roberts & Co.
Under the terms of transaction Kohlberg had agreed to acquire Gardner Denver for an all-cash offer of $76.00 per share.
The transaction is currently valued at approximately $3.6 billion, including the assumption of debt.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.