Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of T-3 Energy Services, Inc. in Connection w...

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of T-3 Energy Services, Inc. (“T-3” or the “Company”) (NASDAQ:TTES) related to the Company’s agreement to be acquired by Robbins & Myers, Inc. (“Robbins & Myers”). The proposed cash-and-stock transaction is valued at approximately $422 million.

Under the terms of the agreement entered into by the parties, T-3 stockholders, for each share of the Company’s common stock they own, will receive 0.894 common shares of Robbins & Myers plus $7.95 in cash. If the transaction is completed, the combined company will be led by Robbins & Myers’ existing management and board of directors. The proposed transaction was unanimously approved by T-3's board of directors. The transaction is expected to close in late 2010 or early 2011. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by T-3's board of directors.

If you are a shareholder of T-3, 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

T-3 Energy Services (MM) (NASDAQ:TTES)
過去株価チャート
から 5 2024 まで 6 2024