Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of TMS International Corp. Sha
Aug 28th 2013 12:42PM
Updated Aug 28th 2013 1:02PM
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of TMS International Corp. Shareholders
NEW YORK--(BUSINESS WIRE)-- Kirby McInerney LLP is investigating potential claims against the Board of Directors of TMS International Corp. ("TMS" or the "Company") (NYS: 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 firstname.lastname@example.org, 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 LLP
J. Brandon Walker, Esq.
212-699-1145 or 888-529-4787
KEYWORDS: United States North America New York
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