Briscoe Law Firm Investigates International Coal Group, Inc. for Shareholders Concerning Acquisition by Arch Coal
The
Briscoe Law Firm, PLLC, founded by a former state prosecutor and
enforcement attorney for the United States Securities and Exchange
Commission, and the securities litigation law firm of Powers
Taylor, LLP are investigating potential legal claims against the
Board of Directors of International Coal Group, Inc. ('International
Coal Group? or 'ICO?) (NYSE: ICO) related to the buyout of International
Coal Group by Arch Coal ('Arch Coal?).
The definitive merger agreement involves an all-cash transaction valued
at approximately $3.4 billion. Under the proposed buyout, International
Coal Group shareholders will receive $14.60 in cash for each share of
International Coal Group/ICO common stock they hold.
The firms are investigating the fairness of the proposed transaction to
International Coal Group shareholders and whether International Coal
Group′s Board of Directors acted in the shareholders′ best interests.
Among other things, the firms are seeking to determine whether the board
of directors failed to adequately shop ICO and to obtain the best price
for shares of International Coal Group shareholders.
If you currently own shares of International Coal Group/ICO and would
like additional information regarding this investigation, or if you have
information regarding the allegations involved in this transaction,
please contact Patrick Powers at Powers Taylor, LLP, toll free (877)
728-9607, via e-mail at patrick@powerstaylor.com,
or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877)
397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com.
There is no cost or fee to you.
The Briscoe Law Firm is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience
in complex litigation matters.
Powers Taylor, LLP is a boutique litigation law firm that handles a
variety of complex business litigation matters nationwide, including
claims of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
Powers Taylor, LLP
Patrick Powers, 877-728-9607
patrick@powerstaylor.com
or
The
Briscoe Law Firm, PLLC
Willie Briscoe, 877-397-5991
WBriscoe@TheBriscoeLawFirm.com
