WILMINGTON, Del., Sept. 4, 2013 /PRNewswire/ -- Rigrodsky
& Long, P.A.:
- Do you own
shares of TMS International Corp. (NYSE:
TMS)?
- Did you
purchase any of your shares prior to August
26, 2013?
- Do you
think the proposed buyout price is too low?
- Do you want
to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of TMS
International Corp. ("TMS" or the "Company") (NYSE: TMS) regarding
possible breaches of fiduciary duties and other violations of law
related to the Company's entry into an agreement to be acquired by
The Pritzker Organization, LLC ("Pritzker") in a transaction valued
at approximately $1 billion.
Click here to learn more:
http://www.rigrodskylong.com/investigations/tms-international-corp-tms.
Under the terms of the agreement, public shareholders of TMS
will receive $17.50 per share in cash
for each share of TMS they own.
The investigation concerns whether TMS's board of directors
failed to adequately shop the Company and obtain the best possible
value for TMS's shareholders before entering into an agreement with
Pritzker. According to Yahoo! Finance, at least one analyst
has set a price target for TMS stock at $19.00 per share.
If you own the common stock of TMS and purchased your shares
before August 26, 2013, if you have
information or would like to learn more about these claims, or if
you wish to discuss these matters or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Seth
Rigrodsky or Shaye Fuchs at
Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300,
Garden City, New York 11530, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/tms-international-corp-tms.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes
securities class, derivative and direct actions, shareholder rights
litigation and corporate governance litigation, on behalf of
shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a
similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth Rigrodsky
Shaye Fuchs
(888) 969-4242
(516) 683-3516
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
SOURCE Rigrodsky & Long, P.A.