Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of GrafTech International Ltd (NYSE: GTI) acted responsibly on behalf of investors’ profitability in the planned $150 million sale to an affiliate of Brookfield Asset Management (NYSE: BAM).
On May 18, 2015, GrafTech International Ltd (NYSE: GTI) announced that they had entered into a definitive agreement and plan of merger with an affiliate of Brookfield Asset Management (NYSE: BAM). Under the terms of the merger agreement, Brookfield will offer GrafTech shareholders $5.05 per share in cash for all outstanding shares.
Based Independence, OH, and founded in 1886 Brookfield Asset Management, operating in two divisions of Industrial Materials and Engineered Solutions, manufactures and sells graphite and carbon material science-based solutions. The Company markets through a direct sales force, independent sales representatives, and worldwide distributors.
The investigation is looking to uncover whether GrafTech International Ltd was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $6.00 per share.
If you purchased GrafTech International Ltd (NYSE: GTI) prior to May 18, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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