Kendall Law Group Investigates Warner Music Group Corp. Acquisition For Shareholders

Dallas, TX (Top40 Charts/ Kendall Law Group) Kendall Law Group, led by former federal judge Joe Kendall, is investigating Warner Music Group Corp. (NYSE: WMG) for shareholders in connection with the proposed acquisition by Access Industries. The national securities firm's investigation seeks to determine whether Warner Music 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 a Warner Music Group shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at [email protected].

On May 6, 2011, the companies announced the definitive merger agreement under which Warner Music Group would be acquired by Access Industries, in a transaction valued at approximately $1.3 billion. Under the terms of the agreement, Warner Music Group stockholders will receive $8.25 in cash for each share of Warner Music Group/WMG common stock held. Edgar Bronfman Jr., Warner Music Group chairman and CEO, is reportedly "close" to Len Blavatnik, the controlling investor behind Access Industries and a former director of Warner Music Group. The firm's investigation seeks to determine whether Warner Music 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.