Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman &
Herz LLP is investigating possible breaches of fiduciary duty by the
Board of Directors of Metals USA Holdings Corp (“Metals USA” or the
“Company”) [NYSE: MUSA] arising out of the proposed acquisition of
Metals USA by Reliance Steel & Aluminum Co (“Reliance”).
On Wednesday, February 6, 2013, Metals USA and Reliance announced that
Reliance will acquire Metals USA pursuant to an Agreement and Plan of
Merger under which Metals USA stockholders will receive cash of $20.65
in exchange for each share of Metals USA common stock. However, the
Company may not have adequately shopped itself before entering into this
transaction and, pursuant to this proposed transaction, Reliance may be
underpaying for Metals USA, thus unlawfully harming Metals USA
shareholders.
Wolf Haldenstein has been representing individual and institutional
investors for many years, serving as lead counsel in numerous cases in
U.S. federal and state courts. Please visit the Wolf Haldenstein website
(http://www.whafh.com)
for more information about the firm.
If you own Metals USA common stock and you wish to discuss this matter
with us, or have any questions concerning your rights and interests with
regard to this matter, please contact:
Gregory Nespole or Derek Behnke
Wolf Haldenstein Adler Freeman
&
Herz LLP
270 Madison Avenue
New York, New York 10016
Phone
Numbers: (800) 575-0735
(212) 545-4600
Email: nespole@whafh.com
Classmember@whafh.com
Website: http://www.whafh.com
Attorney
Advertising. Prior Results Do Not Guarantee A Similar Outcome.
