Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of TMS International Corp. Shareholders
August 28 2013 - 11:13AM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of TMS International Corp. (“TMS” or the
“Company”) (NYSE:TMS) related to the proposed acquisition of the
Company by The Pritzker Organization, LLC. (“Pritzker”). Under the
terms of the agreement, Akorn will acquire all of the outstanding
common stock of Hi-Tech for $17.50 per share in cash, for a total
transaction value of approximately $1 billion.
The investigation concerns whether the TMS Board of Directors
violated their fiduciary duties in agreeing to the proposed
transaction and whether the $17.50 per share consideration
adequately values TMS shares.
If you are a TMS shareholder 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.
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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