Kendall Law Group Investigates International Coal Group Inc. Acquisition for Shareholders

02.05.2011  |  Business Wire

Kendall
Law Group, led by former federal judge Joe Kendall, is investigating
International Coal Group Inc. (NYSE: ICO) for shareholders in connection
with the proposed acquisition by Arch Coal, Inc. The national securities
firm′s investigation seeks to determine whether International Coal Group
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 an International Coal Group
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.

On May 2, 2011, the companies announced the definitive merger agreement
under which International Coal Group would be acquired by Arch Coal, in
a transaction valued at approximately $3.4 billion. Under the terms of
the agreement, International Coal Group stockholders will receive $14.60
in cash for each share of International Coal Group/ICO common stock
held. The firm′s investigation seeks to determine whether International
Coal Group and its Board undertook a fair process in negotiating the
deal.

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.