Cascade Corporation Investor Alert: Proposed Sale Investigated by Securities Attorneys at The Briscoe Law Firm and Powers Taylor, LLP
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the proposed sale of Cascade Corporation for shareholders. Cascade Corp. ("Cascade") (NYS: CASC) announced that it entered into a definitive merger agreement with Toyota Industries Corporation in a deal valued at $795 million. Under the terms of the transaction, Cascade shareholders will only receive $65.00 in cash for each share of Cascade common stock owned.
There is no cost or fee for you to join the action. If you are an affected investor, and you want to learn more about the lawsuit or join the action, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at firstname.lastname@example.org, or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at WBriscoe@TheBriscoeLawFirm.com.
The investigation relates to the fairness of the proposed price for Cascade shareholders and whether the Board of Directors is adequately shopping the company in order to obtain the best possible price for the shareholders. Shareholder rights attorney Willie Briscoe stated that "The proposed lawsuit will seek to obtain the highest possible price for each share of Cascade stock owned."
The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.
Powers Taylor, LLP is a Dallas litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.
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The article Cascade Corporation Investor Alert: Proposed Sale Investigated by Securities Attorneys at The Briscoe Law Firm and Powers Taylor, LLP originally appeared on Fool.com.
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