|[August 13, 2014]
ROCKWOOD HOLDINGS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
WILMINGTON, Del. --(Business Wire)--
Rigrodsky & Long, P.A.:
Do you own shares of Rockwood Holdings, Inc. (NYSE: ROC)?
Did you purchase any of your shares prior to July 15, 2014?
Do you think the proposed buyout price is too low?
Do you want to discuss your rights?
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Rockwood Holdings, Inc.
("Rockwood" or the "Company") (NYSE: ROC)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company's entry into an agreement to be acquired by
Albemarle Corporation ("Albemarl") (NYSE: ALB),
in a transaction valued at approximately $6.2 billion.
Click here to learn more: http://www.rigrodskylong.com/investigations/rockwood-holdings-inc-roc.
Under the terms of the agreement, public shareholders of Rockwood would
receive $50.65 in cash and 0.4803 shares of Albemarle for each share of
Rockwood they own. Based on Albemarle's closing stock price on July 14,
2014, Rockwood shareholders would have received consideration valued at
approximately $85.53 per share.
The investigation concerns whether Rockwood's board of directors failed
to adequately shop the Company and obtain the best possible value for
Rockwood's shareholders before entering into an agreement with
Albemarle. According to Yahoo! Finance, at least one analyst has issued
a price target for Rockwood stock at $93.00 per share.
If you own the common stock of Rockwood and purchased your shares before
July 15, 2014, if you have information or would like to learn more about
these claims, 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 Seth D. Rigrodsky or Gina M.
Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120,
Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to firstname.lastname@example.org,
or at: http://www.rigrodskylong.com/investigations/rockwood-holdings-inc-roc.
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
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