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Westway Group Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to EQT Infrastructure II



  Westway Group Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP
  Investigate Sale to EQT Infrastructure II

Business Wire

DALLAS -- December 31, 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 Westway Group, Inc. (“Westway”) (Nasdaq: WWAY) to an
affiliate of EQT Infrastructure II for shareholders. Under the terms of the
proposed deal valued at approximately $419 million, Westway shareholders will
only receive $6.70 for each share of Westway stock owned, which is below the
52 week high of $7.00 per share.

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

The Westway sale investigation centers on whether Westway’s shareholders are
receiving adequate compensation for their shares in the buyout, whether the
transaction undervalues Westway’s stock, and whether Westway’s board attempted
to obtain the highest share price for all shareholders prior to agreeing to
the deal. Notably, at least one analyst with Yahoo! Finance has estimated that
the true inherent value of Westway could be as high as $7.00 per share, well
above the proposed sale price. Shareholder rights attorney Willie Briscoe
stated that “due to the proposed sale price, the size of the deal and other
factors, we believe this transaction may undervalue Westway’s stock. Our
proposed lawsuit will seek to obtain the highest share price for all
shareholders.”

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.

Contact:

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