Ryan & Maniskas, LLP Announces Investigation of Mercer Insurance Group, Inc.
December 02 2010 - 11:00AM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/migp) is
investigating potential claims against the board of directors of
Mercer Insurance Group, Inc. ("Mercer Insurance" or the "Company")
(NASDAQ: MIGP) concerning possible breaches of fiduciary duty and
other violations of law related to the Company’s efforts to sell
Mercer Insurance to United Fire & Casualty Company in a
transaction valued at approximately $191 million.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to approval of the transaction
by Company’s board of directors; in particular, whether the Company
undertook a fair process to obtain fair consideration for all
shareholders of Mercer Insurance. For more information regarding
our investigation, please contact Ryan & Maniskas, LLP (Richard
A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at
rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/migp.
Under the terms of the proposed transaction, Mercer Insurance
shareholders will receive $28.25 in cash for each share they own of
the Company’s common stock.
If you own shares of Mercer Insurance and would like to learn
more about these claims or if you wish to discuss these matters and
have any questions concerning this announcement or your rights,
contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or
to sign up online, visit: www.rmclasslaw.com/cases/migp. You may
also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more
information about class action cases in general, please visit our
website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide.
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