NEW YORK, Feb. 12, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading securities and shareholder rights law firm that represents shareholders throughout the nation, announces that it is investigating the acquisition of AMCOL International Corp. on behalf of its shareholders. AMCOL International Corporation (NYSE: ACO) ("AMCOL" or the "Company") today announced it has signed a definitive merger agreement with Imerys S.A. ("Imerys") pursuant to which AMCOL shareholders will receive USD $41 per share in cash.
The investigation concerns whether the senior management and board of directors of AMCOL engaged in a full and fair auction and process to sell the Company for the highest price possible so that shareholders receive the maximum value for their shares, whether the price of $41 is unfairly low, and whether the senior management had any conflicts of interest in agreeing to sell the Company at this price. Indeed, analysts have projected that the true going forward inherent value of the Company is worth at least $43 per share.
If you are a shareholder of AMCOL and would like additional information regarding this matter, at no cost or expense, please contact us at:
Tripp Levy PLLC is a leading securities and shareholder rights law firm that represents individual and institutional investors, has extensive experience in mergers and takeovers, and has assisted in the recovery of hundreds of millions of dollars for shareholders around the globe. Attorney advertising. Prior results do not indicate a similar outcome.
SOURCE Tripp Levy PLLC