Law Office Of Brodsky & Smith, LLC Announces Investigation Of Mirant Corporation

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Mirant Corporation (“Mirant” or the “Company”) (NYSE:MIR) relating to the proposed acquisition of Mirant by RRI Energy, Inc. Under the terms of the agreement, Mirant shareholders would receive 2.835 of RRI Energy stock for each share of Mirant common stock they own. Based upon the prior closing price of RRI Energy shares, the proposed transaction values Mirant stock at approximately $11.20 per share.

The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the Mirant board’s approval of the proposed transaction. The transaction appears to be unfair, in part, given that Mirant stock was trading at $13.19 a share as recently as March 11, 2010 and traded at $16.39 a share on January 7, 2010.

If you own shares of Mirant and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [e-mail], or by calling toll free 877-LEGAL-90.

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