DALLAS, July 5, 2011 (GLOBE NEWSWIRE) -- The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the securities litigation law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of Ameron International ("Ameron") related to the sale of Ameron to National Oilwell Varco, Inc.
The definitive merger agreement, which was announced on July 5, 2011, involves a transaction valued at approximately $772 million. Under the proposed buyout, Ameron shareholders will receive $85.00 in cash for each share of Ameron common stock they hold.
The Briscoe Law Firm and Powers Taylor are investigating the fairness of the proposed transaction to Ameron shareholders, whether the shareholders are being underpaid for their stock, and whether Ameron's Board of Directors acted in the shareholders' best interests.
If you currently own shares of Ameron and would like additional information regarding this investigation, or if you have information regarding the allegations involved in this transaction, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.
The Briscoe Law Firm is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters.
Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters nationwide, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.