Kendall Law Group Questions Whether Magnetek, Inc.’s Acquisition by Columbus McKinnon Corporation is in Best Interest of Magnetek Shareholders

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DALLAS--(BUSINESS WIRE)--Kendall Law Group, led by former federal judge Joe Kendall, is investigating Magnetek, Inc. (NASDAQ: MAG) and its Board of Directors on behalf of shareholders in connection with the proposed buyout by Columbus McKinnon Corporation (NASDAQ: CMCO). According to the terms of the agreement, Magnetek shareholders will receive $50.00 for each share of Magnetek common stock held. This represents only a small premium over analysts’ target price of $45.00 per share. The national

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