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GTI

5.05
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
NYSE:GTI NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.05 0.00 01:00:00

GRAFTECH INTERNATIONAL LTD. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

19/05/2015 7:39pm

PR Newswire (US)


Graftech (NYSE:GTI)
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WILMINGTON, Del., May 19, 2015 /PRNewswire/ -- Rigrodsky & Long, P.A.:

  • Do you own shares of GrafTech International Ltd. (NYSE: GTI)?
  • Did you purchase any of your shares prior to May 18, 2015?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of GrafTech International Ltd. ("GrafTech" or the "Company") (NYSE: GTI) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by an affiliate of Brookfield Asset Management Inc. ("Brookfield") (NYSE: BAM), in a transaction valued at approximately $546 million.

Click here to learn more: http://rigrodskylong.com/investigations/graftech-international-ltd-gti.    

Under the terms of the agreement, shareholders of GrafTech will receive $5.05 in cash for each share of GrafTech they own.

The investigation concerns whether GrafTech's board of directors failed to adequately shop the Company and obtain the best possible value for GrafTech's shareholders before entering into an agreement with Brookfield.  According to Yahoo! Finance, at least one analyst has issued a price target for GrafTech stock at $6.00 per share.

If you own the common stock of GrafTech and purchased your shares before May 18, 2015, 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 Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/graftech-international-ltd-gti.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:             
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/graftech-international-ltd-shareholder-alert-rigrodsky--long-pa-announces-investigation-of-buyout-300085877.html

SOURCE Rigrodsky & Long, P.A.

Copyright 2015 PR Newswire

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