Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating the acquisition of Mac-Gray Corp. (“Mac-Gray”) (NYSE: TUC) by CSC ServiceWorks for shareholders. Under the terms of the proposed transaction valued at $524 million, Mac-Gray shareholders will only receive $21.25 in cash for each share of stock owned.

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

The Mac-Gray sale investigation centers on whether Mac-Gray’s shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Mac-Gray’s stock, and whether Mac-Gray’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal.

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.

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