Law Offices of Howard G. Smith announces that it is investigating
potential claims against the Board of Directors of Material Sciences
Corporation ("Material Sciences" or the "Company") (NASDAQ:MASC) related
to the proposed acquisition of the Company by New Start Metals and
Insight Equity Holdings. The transaction is valued at approximately
$93.14 million, or $12.75 per share.
This investigation concerns whether the Board of Directors of Material
Sciences breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into the proposed
transaction, and hether the Company has disclosed all material
information to shareholders about the transaction. The Company has seen
substantial recent growth. Its share price has skyrocketed from $8.85 on
October 10, 2013 to $11.81 on December 31, 2013.
If you are a shareholder of Material Sciences, if you have information
or would like to learn more about our investigation, or if you wish to
discuss these matters or have any questions concerning this announcement
or your rights or interests with respect to these matters, please
contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone
at (215) 638-4847, Toll Free at (888) 638-4847, or by email to email@example.com,
or visit our website at http://www.howardsmithlaw.com.
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