SWIFT TRANSPORTATION COMPANY SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Investigates Merger with Knight Transportation, Inc.

DALLAS--()--Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Swift Transportation Company (“Swift”) (NYSE: SWFT) concerning the merger with Knight Transportation, Inc. (NYSE: KNX). Under the terms of the agreement, Swift shareholders will receive a reverse stock split, converting each Swift share into 0.72 shares of KNX. The consideration is valued at $22.07 per share, which is virtually no premium over the 52-week high and lower than at least one analyst’s estimated value of $30.00 per share.

If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at shareholders@thebriscoelawfirm.com or by calling (888) 809-2750. There is no cost or fee to you.

The investigation centers on whether Swift’s Board of Directors is acting in the shareholders’ best interests, whether the board considered alternatives to the merger, and whether the board has employed an adequate process to review and act on the proposed transaction. Notably, at least one analyst with Yahoo! Finance believes the true inherent value of the stock could be as high as $30.00.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Contacts

The Briscoe Law Firm, PLLC
Willie Briscoe, 888-809-2750
shareholders@thebriscoelawfirm.com

Release Summary

Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Swift Transportation Company

Contacts

The Briscoe Law Firm, PLLC
Willie Briscoe, 888-809-2750
shareholders@thebriscoelawfirm.com