Kendall Law Group Announces New Development in the Thermadyne Holdings Corporation Acquisition Investigation

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Kendall Law Group Announces New Development in the Thermadyne Holdings Corporation Acquisition Investigation Powered By Docstoc
					Kendall Law Group Announces New Development
in the Thermadyne Holdings Corporation
Acquisition Investigation
October 15, 2010 10:48 AM Eastern Daylight Time  

DALLAS--(EON: Enhanced Online News)--Kendall Law Group, a national securities firm led by a former federal
judge with attorneys that include a former U.S. Attorney, is investigating Thermadyne Holdings Corporation
(NASDAQ: THMD) for shareholders in connection to the proposed acquisition by Irving Place Capital. The firm’s
investigation seeks to determine whether Thermadyne and its Board breached their fiduciary duties by entering into
the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a
Thermadyne shareholder and would like additional information about your rights, contact the Kendall Law Group at
877-744-3728 or by email at skendall@kendalllawgroup.com.

According to a confidential source, Thermadyne directors and officers were engaged in discussions with at least
three entities regarding a potential merger. Two of the entities were identified as Thermadyne competitors Illinois
Tool Works Inc. and Lincoln Electric Holdings Inc. On October 5, 2010, the companies announced the definitive
merger agreement under which Thermadyne would be acquired by Irving Place Capital in a transaction valued at
approximately $422 million. Under the terms of the agreement, Thermadyne stockholders will receive $15.00 in cash
for each share of Thermadyne/THMD common stock held, which represents a less than 2% premium over the
closing price on October 4, 2010. Shareholders are entitled to more information regarding the existence of potential
competing bidders.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors
and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous
merger and acquisition cases nationwide, including some of the largest transactions in the United States.

Contacts
Kendall Law Group LLP
Scott Kendall, 214-744-3000
877-744-3728 Toll Free
214-744-3015 Facsimile
skendall@kendalllawgroup.com
www.kendalllawgroup.com

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