WILMINGTON, Del., Nov. 7, 2013 /PRNewswire/ -- Rigrodsky &
Long, P.A.:
- Do you own shares of Mac-Gray Corporation (NYSE:
TUC)?
- Did you purchase any of your shares prior to October 15, 2013?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Mac-Gray
Corporation ("Mac-Gray" or the "Company") (NYSE: TUC) regarding
possible breaches of fiduciary duties and other violations of law
related to the Company's entry into an agreement to be acquired by
CSC ServiceWorks ("CSC") in a transaction valued at approximately
$524 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/mac-gray-corporation-tuc.
Under the terms of the agreement, public shareholders of
Mac-Gray will receive $21.25 per
share in cash for each share of Mac-Gray they own.
The investigation concerns whether Mac-Gray's board of directors
failed to adequately shop the Company and obtain the best possible
value for Mac-Gray's shareholders before entering into an agreement
with CSC.
If you own the common stock of Mac-Gray and purchased your
shares before October 15, 2013, 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., 825
East Gate Boulevard, Suite 300, Garden
City, New York 11530, by telephone at (888) 969-4242; by
e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/mac-gray-corporation-tuc.
Rigrodsky & 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.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(516) 683-3516
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
SOURCE Rigrodsky & Long, P.A.