Law Offices of Howard G. Smith Announces Investigation of Material Sciences Corporation
09 Enero 2014 - 7:00PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the Board of Directors of
Material Sciences Corporation (“Material Sciences” or the
“Company”) (NASDAQ:MASC) related to the proposed acquisition of the
Company by New Start Metals and Insight Equity Holdings. The
transaction is valued at approximately $93.14 million, or $12.75
per share.
This investigation concerns whether the Board of Directors of
Material Sciences breached their fiduciary duties to stockholders
by failing to adequately shop the Company before agreeing to enter
into the proposed transaction, and whether the Company has
disclosed all material information to shareholders about the
transaction. The Company has seen substantial recent growth. Its
share price has skyrocketed from $8.85 on October 10, 2013 to
$11.81 on December 31, 2013.
If you are a shareholder of Material Sciences, if you have
information or would like to learn more about our investigation, or
if you wish to discuss these matters or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Howard G. Smith, Esquire,
of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll
Free at (888) 638-4847, or by email to
howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
Law Offices of Howard G. SmithHoward G. Smith, Esquire(215)
638-4847Toll Free: (888)
638-4847howardsmith@howardsmithlaw.comhttp://www.howardsmithlaw.com.
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