Bull & Lifshitz, LLP announces an investigation into possible breaches
of fiduciary duty in connection with the proposed acquisition of Ladish
Co., Inc. (NASDAQ: LDSH)
(referred to as "Ladish" or the "Company”) by Allegheny Technologies
Incorporated ("ATI") in a cash and stock transaction valued at
approximately $778 million.
Under the terms of the transaction, Ladish shareholders will receive
$24.00 in cash and 0.4556 of a share of ATI common stock for each share
of Ladish common stock. Based on the volume weighted average price of
ATI common stock over the 10 trading days ending November 16, 2010, the
aggregate consideration on a fully diluted basis is $48.00 per Ladish
share.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed
deal provides adequate value to the Company’s shareholders.
If you are a holder of Ladish stock and want to discuss your legal
rights, you may e-mail or call Bull & Lifshitz, LLP who will, without
obligation or cost to you, attempt to answer your questions.
If you are a shareholder of Ladish and would like more information about
our investigation, please contact Joshua M. Lifshitz, Esq. by telephone
at (866) 313-6222 or by sending an e-mail including your contact
information to: counsel@nyclasslaw.com.
All e-mail correspondence should make reference to Ladish.
Bull & Lifshitz, LLP is a New York City-based law firm with significant
experience representing investors in merger-related shareholder class
actions, shareholder derivative actions, and securities fraud class
actions. For more information about the firm, please visit our website
at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP. The law
firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East
41st Street, New York, New York 10017, (212) 213-6222. Prior
results do not guarantee or predict a similar outcome with respect to
any future matter.
