Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Ameron International Corporation (“Ameron” or the “Company”) (NYSE: AMN) relating to the proposed acquisition by National Oilwell Varco, Inc. (NYSE: NOV) in a transaction valued at approximately $772 million. Under the terms of the offer, Ameron shareholders would receive $85.00 cash for each share of Ameron common stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Ameron by not acting in Ameron shareholders' best interests in connection with the sale process to National Oilwell Varco, Inc. For example, at least one analyst has set a $90.00 price target for Ameron. If you own shares of Ameron 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 email@example.com, visit http://brodsky-smith.com/308-amn-ameron-international-corporation.html or by calling toll free 877-LEGAL-90.
The ex-dividend date for Ameron International (NYSE:AMN) is tomorrow, July 26, 2011. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $85.32 as of 9:32 a.m., the dividend yield is 1.4%.