Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of ICO, Inc.
December 03 2009 - 6:00PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the Board of Directors of
ICO, Inc. ("ICO" or the "Company") (NASDAQ: ICOC) arising from the
Company's announcement of its intent to merge with A. Schulman,
Inc. ("A. Schulman").
Under the terms of the proposed agreement, ICO shareholders will
receive $3.67 per share in cash and approximately 0.184 shares of
Schulman stock for each share of ICO common stock owned. The
transaction represents an implied per-share value of approximately
$6.79 and is valued at approximately $191.4 million. The
investigation is focused on the potential unfairness of the price
to ICO shareholders and the process by which the ICO Board of
Directors considered and approved the transaction.
If you own shares of ICO, if you have information or would like
to learn more about these claims, 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 visit
www.howardsmithlaw.com. You may also email my firm at
howardsmith@howardsmithlaw.com.
Ico (NASDAQ:ICOC)
Historical Stock Chart
From Jul 2024 to Aug 2024
Ico (NASDAQ:ICOC)
Historical Stock Chart
From Aug 2023 to Aug 2024
Real-Time news about Ico (MM) (NASDAQ): 0 recent articles
More Law Offices of Howard G. Smith News Articles