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The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating possible breaches of fiduciary duty by the Board of Directors of Ameron International Corporation (“Ameron” or the “Company”) [NYSE:AMN] arising out of the proposed acquisition of Ameron by National Oilwell Varco, Inc. (“NOV”).
On Tuesday, July 5, 2011, NOV and Ameron announced that NOV will acquire Ameron pursuant to an all cash offer. Under the terms of the agreement, Ameron stockholders will receive cash of $85 in exchange for each share of Ameron common stock. However, the Company may not have adequately shopped itself before entering into this transaction and, pursuant to this proposed transaction, NOV may be underpaying for Ameron, thus unlawfully harming Ameron shareholders.
Wolf Haldenstein has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in U.S. federal and state courts. Please visit the Wolf Haldenstein website (
http://www.whafh.com) for more information about the firm.
If you own Ameron common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact: