Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Material Sciences Corporation Stockholders
10 Enero 2014 - 9:54AM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Material Sciences Corporation (“Material”
or the “Company”) (NASDAQ: MASC) concerning the proposed
acquisition of the Company by New Star Metals Inc. (“New Star”) and
Insight Equity Holdings LLC (“Insight”). Under the terms of the
definitive merger agreement, Material stockholders will receive
$12.75 in cash for each share of Material owned, valuing the
transaction at approximately $139 million.
The investigation concerns whether the Material Board of
Directors violated its fiduciary duties by agreeing to the proposed
transaction and whether the $12.75 per share proposed consideration
adequately values Material’s common stock.
If you are a Material stockholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888)
529-4787, or by filling out this contact form. There is no cost or
obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq.(212) 699-1145 or
(888) 529-4787bwalker@kmllp.com
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