Bull & Lifshitz, LLP Announces Investigation of the Acquisition of Ladish Co., Inc.
22 Noviembre 2010 - 3:13PM
Business Wire
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
acquisition of Ladish Co., Inc. (NASDAQ: LDSH) (referred to as
"Ladish" or the “Company”) by Allegheny Technologies Incorporated
("ATI") in a cash and stock transaction valued at approximately
$778 million.
Under the terms of the transaction, Ladish shareholders will
receive $24.00 in cash and 0.4556 of a share of ATI common stock
for each share of Ladish common stock. Based on the volume weighted
average price of ATI common stock over the 10 trading days ending
November 16, 2010, the aggregate consideration on a fully diluted
basis is $48.00 per Ladish share.
Bull & Lifshitz, LLP's investigation is focused on whether
the proposed deal provides adequate value to the Company’s
shareholders.
If you are a holder of Ladish stock and want to discuss your
legal rights, you may e-mail or call Bull & Lifshitz, LLP who
will, without obligation or cost to you, attempt to answer your
questions.
If you are a shareholder of Ladish and would like more
information about our investigation, please contact Joshua M.
Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an
e-mail including your contact information to:
counsel@nyclasslaw.com. All e-mail correspondence should make
reference to Ladish.
Bull & Lifshitz, LLP is a New York City-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP.
The law firm responsible for this advertisement is Bull &
Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212)
213-6222. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
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