Morgan & Morgan Announces the Investigation of Cytec Industries Inc. - CYT

Aug 04, 2015, 16:23 ET from Morgan & Morgan

NEW YORK, Aug. 4, 2015 /PRNewswire/ -- Morgan & Morgan announces that it is investigating possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Cytec Industries Inc. ("Cytec" or the "Company") (NYSE: CYT) relating to the proposed buyout of the Company by Solvay, S.A.

If you own shares of Cytec and would like to learn more about the Cytec shareholder investigation, you may contact Morgan & Morgan at 1(800) 732-5200 or email info@morgansecuritieslaw.com.

Under the terms of the transaction, Cytec shareholders will receive $75.25 in cash for each share of Cytec common stock held. The investigation relates to whether the proposal is fair to the public shareholders and if the Company's Board of Directors breached their fiduciary duties to shareholders.

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Contact: Morgan & Morgan Peter Safirstein, Esq. 28 West 44th Street Suite 2001 New York, NY  10036 1-800-732-5200 info@morgansecuritieslaw.com

 

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