BALA CYNWYD, Pa., July 18, 2014 /PRNewswire/ -- 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.
SOURCE Brodsky & Smith, LLC
