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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 |
Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors 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").
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.
If you own shares of ICO, 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 visit www.howardsmithlaw.com. You may also email my firm at howardsmith@howardsmithlaw.com.
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