Finkelstein Thompson LLP Announces Investigation of Bucyrus International, Inc.
November 15 2010 - 5:06PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of Bucyrus International, Inc. (“Bucyrus” or
the “Company”) (Nasdaq: BUCY) concerning the sale of the Company to
Caterpillar Inc. for $92 per share of common stock owned in a
transaction valued at approximately $7.6 billion plus the
assumption of $1 billion in debt.
The investigation is focused on the potential unfairness of the
deal price to Bucyrus shareholders, the process by which the Board
of Directors considered the transaction, and potential conflicts of
interests among Bucyrus Board members. Indeed, according to Yahoo!
Finance, at least one analyst has set a target price of $95 for
Bucyrus stock.
If you are interested in discussing your rights as a Bucyrus
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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