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ICOC Ico (MM)

8.57
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ico (MM) NASDAQ:ICOC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.57 0 01:00:00

Finkelstein Thompson LLP Announces Investigation of ICO, Inc.

03/12/2009 10:20pm

Business Wire


Ico (NASDAQ:ICOC)
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Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of ICO, Inc. (“ICO” or the “Company”) (Nasdaq:ICOC) arising from the Company’s announcement of its intent to merge with A. Schulman, Inc. (“A. Schulman”) (Nasdaq: SHLM)

Under the terms of the proposed agreement, ICO shareholders will receive $3.67 per share in cash and approximately 0.184 shares of Schulman stock for each share of ICO common stock owned. The transaction represents an implied per-share value of approximately $6.79 and is valued at approximately $191.4 million.

The investigation is focused on the potential unfairness of the price to ICO shareholders and the process by which the ICO Board of Directors considered and approved the transaction. ICO stock traded at over $12 per share in 2008.

If you are interested in discussing your rights as an ICO shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

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