DALLAS, Dec. 22, 2011 /PRNewswire/ -- Former United
States Securities and Exchange Commission attorney Willie Briscoe
and the securities litigation firm of Powers Taylor, LLP are
investigating the sale of WCA Waste Corporation (Nasdaq: WCAA) to
Macquarie Infrastructure Partners II for WCA shareholders.
Under the proposed acquisition, WCA's shareholders will receive
$6.50 per share in cash. Because WCA
has seen substantial growth recently, the firms are seeking to
determine whether the WCA's board undertook a fair process to
maximize shareholder value.
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If you are an affected investor, and you want to learn more
about the lawsuit or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free
(877) 728-9607, via e-mail at patrick@powerstaylor.com, or
Willie Briscoe at The Briscoe Law
Firm, PLLC, (214) 706-9314, or via email at
WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to
you.
Under the terms of the definitive acquisition agreement, this
transaction has an approximate value of $526
million. The investigation centers on whether WCA's
board of directors adequately shopped the Company to obtain the
best price possible for WCA shareholders before accepting the terms
of sale with Macquarie Infrastructure Partners II.
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.
SOURCE Powers Taylor, LLP