News Column

Willie Briscoe and Powers Taylor Probe Acquisition by New Star Metals

January 24, 2014

Attorney Willie Briscoe and the securities litigation firm of Powers Taylor are investigating potential claims against the Board of Directors of Material Sciences Corp. ( Material Sciences ) (NasdaqCM: MASC) related to the proposed acquisition by New Star Metals, Inc. for shareholders. According to a release, under the terms of the transaction, Material Sciences shareholders will only receive $12.75 in cash for each share of MASC stock owned. The Material Sciences' investigation centers on whether MASC's Board of Directors is acting in the shareholders' best interests, whether the board is properly considering the proposed price for the shareholders, and whether the board has employed an adequate process to review and act on the proposed transaction. ((Comments on this story may be sent to newsdesk@closeupmedia.com ))


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