TMS Int’l Shareholder Alert: The Briscoe Law Firm and Powers Taylor, LLP Investigate Merger with Pritzker Organization
26 Agosto 2013 - 6:51PM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor,
LLP are investigating the merger of TMS International Corp. (“TMS”)
(NYSE: TMS) with The Pritzker Organization, LLC for shareholders.
Under the terms of the proposed merger agreement, valued at
approximately $1 billion, TMS shareholders will receive $17.50 in
cash per share of TMS common stock owned, well below at least one
analysts estimated value of $22.00.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, please contact Willie Briscoe
at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at
WBriscoe@TheBriscoeLawFirm.com or Zach Groover at Powers Taylor,
LLP, toll free (877) 728-9607 or via e-mail at
shareholder@powerstaylor.com. There is no cost or fee to you.
The TMS sale investigation centers on whether shareholders are
receiving adequate compensation for their shares in the proposed
deal, whether the transaction properly values TMS stock, and
whether TMS’ board attempted to obtain the highest share price for
all shareholders prior to agreeing to the deal. At least one
analyst with Yahoo! Finance estimates that the true inherent value
of TMS could be as high as $22.00 per share, well above the
proposed sale price.
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that
handles a variety of complex business litigation matters, including
claims of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
The Briscoe Law Firm, PLLCWillie Briscoe,
214-239-4568WBriscoe@TheBriscoeLawFirm.comorPowers Taylor, LLPZach
Groover, 877-728-9607shareholder@powerstaylor.com
Grafico Azioni Thomson (NYSE:TMS)
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Grafico Azioni Thomson (NYSE:TMS)
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