Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Keynote Systems, Inc. Shareholders

NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against the Board of Directors of Keynote Systems, Inc. (“Keynote” or the “Company”) (NASDAQ: KEYN) related to the acquisition of the Company by an affiliate of private equity firm Thoma Bravo, LLC (“Thoma Bravo”). Under the terms of the agreement, Thoma Bravo will purchase all of the outstanding common stock of Keynote for $20.00 per share in cash, for a total transaction value of approximately $395 million. The investigation concerns whether the Keynote Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed $20.00 per share consideration adequately values Keynote common shares.