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KW Alert: Monsey Firm of Wohl & Fruchter Renews Investigation of the Proposed Sale of Kennedy-Wilson Holdings to its CEO and Largest Shareholder

KW
  • Wohl & Fruchter LLP renewed its investigation into the fairness of Kennedy-Wilson Holdings' proposed take-private sale for $10.90 per share.
  • The transaction is led by KW CEO William McMorrow, senior management, & Fairfax Financial Holdings Limited, KW's largest shareholder.
  • The sale price represents a modest premium over KW's closing price of $9.89 per share on February 13, 2026.
  • The deal was recommended by a purportedly independent special committee of the KW board of directors.
  • A definitive proxy filed with the SEC on May 5, 2026, solicits shareholder approval for the sale at a vote scheduled for June 10, 2026.
  • As of May 1, 2026, McMorrow owned 8.4% of KW's outstanding common stock, while Fairfax owned 19.9%.
  • The law firm is examining whether the special committee acted in shareholders' best interests, was truly independent, & whether all material information was fully disclosed.
  • KW shareholders with concerns regarding the sale price are encouraged to contact the firm for a no-charge consultation.