Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Aerosonic Corp. Shareholders

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NEW YORK--(BUSINESS WIRE)--

Kirby McInerney LLP is investigating potential claims against the Board of Directors of Aerosonic Corp. (“Aerosonic” or the “Company”) AIM related to the acquisition of the Company by TransDigm Group Inc. (“TransDigm”) TDG. Under the terms of the definitive merger agreement, TransDigm will acquire all of the outstanding common stock of Aerosonic for $7.75 per share in cash, for a total transaction value of approximately $39 million.

The investigation concerns whether the Aerosonic Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed $7.75 per share consideration adequately values Aerosonic common shares.

If you are an Aerosonic shareholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.

Kirby McInerney LLP
J. Brandon Walker, Esq., 212-699-1145 or 888-529-4787
bwalker@kmllp.com

Posted In: Press Releases
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