NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky is investigating the Board of Directors of Taminco Corporation (“Taminco” or “the Company”) (NYSE: TAM) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Eastman Chemical Company (NYSE: EMN).
Click here to learn more about the investigation: http://zlk.9nl.com/taminco-tam-ma, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Taminco shareholders will receive $26 for each share of Taminco common stock they own. The transaction has a total approximate value of $2.8 billion, including net assumed debt of $1 billion. The investigation concerns whether the Board of Taminco breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Eastman Chemical Company is underpaying for Taminco shares. In particular, at least one analyst set a price target for Taminco stock at $27.00 per share.
If you own Taminco common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/taminco-tam-ma.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.