WILMINGTON, Del., Feb. 24, 2014 /PRNewswire/ -- Rigrodsky
& Long, P.A.:
- Do you own shares of Material Sciences Corporation (NASDAQ
CM: MASC)?
- Did you purchase any of your shares prior to January 9, 2014?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Material
Sciences Corporation ("Material Sciences" or the "Company") (NASDAQ
CM: MASC) regarding possible breaches of fiduciary duties and other
violations of law related to the Company's entry into an agreement
to be acquired by New Star Metals Inc. ("New Star"), in a
transaction valued at approximately $139
million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/material-sciences-corporation-masc.
Under the terms of the agreement, public shareholders of
Material Sciences will receive $12.75
per share in cash for each share of Material Sciences they own.
The investigation concerns whether Material Sciences' board of
directors failed to adequately shop the Company and obtain the best
possible value for Material Sciences' shareholders before entering
into an agreement with New Star. According to Yahoo! Finance,
at least one analyst has issued a price target for Material
Sciences stock at $13.00 per
share.
If you own the common stock of Material Sciences and purchased
your shares before January 9, 2014,
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 Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington,
Delaware 19803; by telephone at (888) 969-4242; or by e-mail
to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/material-sciences-corporation-masc.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes
securities class, derivative and direct actions, shareholder rights
litigation and corporate governance litigation, on behalf of
shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a
similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
SOURCE Rigrodsky & Long, P.A.
