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Law Offices of Howard G. Smith Announces Investigation of KBW Inc

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Law Offices of Howard G. Smith Announces Investigation of KBW Inc Powered By Docstoc
					
				
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posted:11/7/2012
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Description: BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of KBW Inc. (“KBW” or the “Company”) (NYSE: KBW) related to the proposed acquisition of the Company by Stifel Financial Corp. The transaction is valued at approximately $575 million or $17.50 per share, a premium of only 7.4% over its November 2, 2012 closing price. This investigation concerns whether the Board of Directors of KBW breached their fiduci a style=
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