DALLAS, Oct. 18, 2013 /PRNewswire/ -- Securities lawyers at Deans & Lyons announce an investigation regarding Mac-Gray Corporation (NYSE: TUC) board member's decision to enter into a merger with CSC Fenway, Inc. due to a buyout for $21.25 per share. Concerned TUC investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or [email protected] about their rights and remedies.
"Because the price of Mac-Gray's stock has increased from $10.92 in just a little over a year to $15.07, the buyout appears to undervalue the company," said securities lawyer Hamilton Lindley. "Our potential shareholder lawsuit will seek to ensure that all relevant information is disclosed and that the Mac-Gray Corporation shareholders receive the highest price reasonably available for their stock."
Deans & Lyons has significant experience representing shareholders in securities lawsuits nationwide. TUC stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] or 877-819-8033 with questions or concerns.
SOURCE Deans & Lyons, LLP