BALA CYNWYD, Pa., Aug. 26, 2013 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of TMS
International Corp. ("TMS" or the "Company") (NYSE: TMS) relating
to the proposed acquisition by Pritzker Organization
("Pritzker").
Click here to learn more about the investigation
http://brodsky-smith.com/628-tms-tms-international-corp.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, TMS shareholders will
receive only $17.50 in cash for each
share of TMS stock they own. The investigation concerns possible
breaches of fiduciary duty and other violations of state law by the
Board of Directors of TMS for not acting in the Company's
shareholders' best interests in connection with the sale process.
The transaction may undervalue the Company as an analyst has set a
$22.00 per share price target on the
TMS stock. In addition, the transaction represents only a very
slight premium above the $17.15 per
share price that TMS stock traded at on July
25, 2013.
If you own shares of TMS 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
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/628-tms-tms-international-corp.html, 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.
SOURCE Brodsky & Smith, LLC