Rigrodsky & Long, P.A. Announces Investigation Of TMS International Corp. Buyout
August 27 2013 - 5:09PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of TMS
International Corp. (NYSE: TMS)?
- Did you purchase any of your shares
prior to August 26, 2013?
- 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 TMS
International Corp. (“TMS” or the “Company”) (NYSE: TMS) regarding
possible breaches of fiduciary duties and other violations of law
related to the Company’s entry into an agreement to be acquired by
The Pritzker Organization, LLC (“Pritzker”) in a transaction valued
at approximately $1 billion.
Click here to learn more:
http://www.rigrodskylong.com/investigations/tms-international-corp-tms.
Under the terms of the agreement, public shareholders of TMS
will receive $17.50 per share in cash for each share of TMS they
own.
The investigation concerns whether TMS’s board of directors
failed to adequately shop the Company and obtain the best possible
value for TMS’s shareholders before entering into an agreement with
Pritzker. According to Yahoo! Finance, at least one analyst has set
a price target for TMS stock at $22.00 per share.
If you own the common stock of TMS and purchased your shares
before August 26, 2013, 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
Brian Long or Shaye Fuchs at Rigrodsky & Long, P.A., 825 East
Gate Boulevard, Suite 300, Garden City, New York 11530, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/tms-international-corp-tms.
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.
Rigrodsky & Long, P.A.Brian LongShaye
Fuchs888-969-4242516-683-3516Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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