Material Sciences Corporation Merger Litigation (Nasdaq: MASC)
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Material Sciences Corporation - MASC
BALA CYNWYD, January 10, 2013 /PR Newswire/ –Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Material Sciences Corp. (“Material Sciences” or the “Company”) Nasdaq –MASC-News) relating to the purposed acquisition by Zink Acquisition Holdings Inc. (“Zink.”).
Under the terms of the transaction, Material Sciences shareholders will receive only $12.75 in cash for each share of Material Sciences stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Material Sciences for not acting in the Company’s shareholders' best interests in connection with the sale process. The transaction may undervalue the Company as the premium being paid is substantially below comparable transactions. In addition an analyst has set a $13.00 per share price target for Material Sciences stock.
If you own shares of Material Sciences common stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at firstname.lastname@example.org, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
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