Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Rockwood Holdings,
Inc. (“Rockwood” or the “Company”) (NYSE:ROC) relating to the proposed
acquisition by Albemarle Corporation (“Albemarle”).
Click here to learn more about the investigation http://brodsky-smith.com/794-roc-rockwood-holdings-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Rockwood shareholders will receive
only 0.4803 of a share of Albemarle common stock and $50.65 in cash for
each share of Rockwood stock they own. The transaction values Rockwood
stock at only approximately $85.53 per share. The investigation concerns
possible breaches of fiduciary duty and other violations of state law by
the Board of Directors of Rockwood for not acting in the Company’s
shareholders' best interests in connection with the sale process. The
transaction may undervalue Rockwood as the Company’s lithium operations
offer uncommon growth potential and high margins relative to the
specialty chemical sector. In addition, an analyst has set a price
target of $93.00 per share for Rockwood stock.
If you own shares of Rockwood common stock and wish to discuss the legal
ramifications of the investigation, or have any questions, you may
e-mail or call the law office of Brodsky & Smith, LLC who will, without
obligation or cost to you, attempt to answer your questions. You may
contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky &
Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail
at investorrelations@brodsky-smith.com,
by visiting http://brodsky-smith.com/794-roc-rockwood-holdings-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise
representing shareholders throughout the nation in securities and case
action lawsuits. The attorneys at Brodsky & Smith have been appointed by
numerous courts throughout the country to serve as lead counsel in class
actions and successfully recovered millions of dollars for our clients
and shareholders. Attorney advertising. Prior results do not guarantee a
similar outcome.
Copyright Business Wire 2014