Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of CLARCOR Inc (NYSE: CLC) acted responsibly on behalf of investors’ profitability in the planned $4.3 billion sale to Parker Hannifin Corporation (NYSE: PH).

On December 1, 2016, CLARCOR Inc (NYSE: CLC) and Parker Hannifin Corporation (NYSE: PH) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Parker Hannifin will offer CLARCOR shareholders $83.00 per share in cash for all outstanding shares.    

Based in Franklin, Tennessee, and founded in 1904 CLARCOR Inc provides filtration products, filtration systems, and services internationally.

The investigation focuses on whether NYSE: CLC investors received the highest price and whether the directors of CLARCOR Inc acted in the best interest of CLARCOR Inc company and its shareholders.   

If you purchased CLARCOR Inc (NYSE: CLC) prior to December 1, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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