|[February 13, 2014]
INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Texas Industries Inc. (TXI) Over the Proposed Sale of the Company to Martin Marietta Materials Inc. (MLM)
NEW YORK --(Business Wire)--
E. Monteverde, a partner at Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Texas
Industries Inc. ("Texas Industries" or the "Company") (NYSE: TXI) for
potential breaches of fiduciary duties in connection with their conduct
related to the sale of the Company to Martin Marietta in a stock deal
valued at approximately $2.7 billion. Under the terms of the proposed
transaction, Texas Industries stockholders will receive 0.7 Martin
Marietta share for each share of Texas Industries common stock they own.
Request more information now by clicking here: www.faruqilaw.com/TXI.
There is no cost or obligation to you.
The investigation focuses on whether Texas Industries Board of Directors
beached their fiduciary duties to the Company's stockholders by failing
to conduct an adequate and fair sales process prior to agreeing to this
proposed transaction, whether and by how much this proposed transaction
undervalues the Company to the detriment of Texas Industries
& Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm's clients. To
keep track of the latest securities litigation news, follow us on
Twitter (News - Alert) at www.twitter.com/MergerActivity
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If you own common stock in Texas Industries and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/TXI
or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
York, NY 10017
Attn: Juan E. Monteverde, Esq.
Free: (877) 247-4292
Phone (News - Alert): (212) 983-9330
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responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
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