Julie & Holleman LLP, a preeminent stockholder rights law firm, is investigating the $10.90 per share buyout of Kennedy-Wilson Holdings, Inc. (NYSE: KW) by a group consisting of company insiders and Fairfax Financial Holdings Limited, a Canadian financial holding company.
Additional Information
Kennedy-Wilson is a leading real estate investment company with $31 billion of assets under management in high growth markets across the United States, the UK and Ireland. The company is led by longtime Chairman and Chief Executive Officer William J. Morrow, and its largest stockholders include both Morrow and Fairfax.
On February 16, 2026, Kennedy-Wilson announced that it had entered into an agreement under which Morrow and Fairfax will acquire all the shares they do not already own for $10.90 per share, or a total of approximately $1.9 billion. The deal is expected to close in the second quarter of 2026, after which public stockholders will be cashed out and no longer own any shares.
Julie & Holleman, whose attorneys have secured hundreds of millions of dollars in prior cases, is pursuing potential legal claims based on the apparent unfairness of the deal. The firm is concerned about conflicts arising from the fact that key insiders are continuing on with the company while public stockholders are being cashed out for a price that may be well below the company's true value.