NEW YORK, Jan. 28, 2014 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Texas Industries Inc. ("Texas Industries" or the "Company") (NYSE: TXI) related to the proposed acquisition of the Company by Martin Marietta Materials Inc. in an all stock deal worth approximately $2.7 billion. In the deal, Martin Marietta Materials Inc. will exchange seven-tenths of one of its shares, worth about $71.95, for each Texas Industries share.
This investigation concerns whether the Board of Directors of Texas Industries breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction
If you are aware of any facts relating to this investigation, or purchased shares of Texas Industries, you can assist this investigation by contacting either Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email firstname.lastname@example.org. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
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