Titanium Metals Investor Alert: Briscoe Law Firm and Powers Taylor, LLP
Investigate Sale to Precision Castparts
DALLAS -- November 12, 2012
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor, LLP are
investigating the sale of Titanium Metals Corporation (“Titanium Metals”)
(NYSE: TIE) to Precision Castparts Corp. for shareholders. Under the proposed
transaction valued at approximately $2.9 billion, Titanium Metals shareholders
will only receive $16.50 in cash for each share of Titanium Metals common
stock owned, well below at least one analyst’s estimated value of $20.00 per
If you are an affected investor, and you want to learn more about the lawsuit
or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free
(877) 728-9607, via e-mail at email@example.com, or Willie Briscoe at
The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at
WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.
The Titanium Metals sale investigation centers on whether Titanium Metals
shareholders are receiving adequate compensation for their shares in the
buyout, whether the transaction undervalues Titanium Metals stock, and whether
Titanium Metals’ board attempted to obtain the highest share price for all
shareholders prior to agreeing to the deal. Notably, according to at least one
analyst with Yahoo! Finance, the true inherent value of Titanium Metals could
be as high as $20.00 per share. Shareholder rights attorney Willie Briscoe
stated that “Based upon the estimated value, the size of the deal, and other
factors, we believe that the transaction may undervalue Titanium Metals stock.
As such, our proposed lawsuit will seek to obtain the highest share price for
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.
Powers Taylor, LLP
Patrick Powers, 877-728-9607
The Briscoe Law Firm, PLLC
Willie Briscoe, 214-706-9314
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