Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of KLX Inc (NASDAQ: KLXI) acted responsibly on behalf of investors’ profitability in the planned sale to The Boeing Company.

On May 1, 2018, KLX Inc (NASDAQ: KLXI) and The Boeing Company announced that they had entered into a merger agreement. Under the terms of the merger agreement, Boeing will offer KLX shareholders $63.00 per share in cash for all outstanding shares.    

Based in Wellington, Florida, KLX Inc provides aerospace fasteners, consumables, and logistics services worldwide.

The investigation is looking to uncover whether KLX Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $82.00 per share.

If you purchased KLX Inc (NASDAQ: KLXI) prior to May 1, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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