Mac-Gray Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acq

Mac-Gray Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by CSC ServiceWorks

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 acquisition of Mac-Gray Corp. ("Mac-Gray") (NYS: TUC) by CSC ServiceWorks for shareholders. Under the terms of the proposed transaction valued at $524 million, Mac-Gray shareholders will only receive $21.25 in cash for each share of stock owned.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor LLP, toll free (877) 728-9607, via email at shareholder@powerstaylor.com. There is no cost or fee to you.


The Mac-Gray sale investigation centers on whether Mac-Gray's shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Mac-Gray's stock, and whether Mac-Gray's board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal.

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 boutique 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.



The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor LLP
Zach Groover, 877-728-9607
shareholder@powerstaylor.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Mac-Gray Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by CSC ServiceWorks originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.