Law Office of Brodsky & Smith, LLC Announces Investi
January 07, 2010 07:44 PM Eastern Time
BEVERLY HILLS, Calif.--(EON: Enhanced Online News)--Law office of Brodsky & Smith, LLC announces that it is investigatin
against the Board of Directors of Quixote Corp. (“Quixote” or the “Company”) (Nasdaq: Quix) related to the proposed acquisition
Industries, Inc. (“Trinity”) (NYSE: TRN).
Under the terms of the transaction, Quixote stockholders will receive $6.38 in cash for each share of Quixote common stock they o
transaction is valued at approximately $61 million. The investigation concerns whether the board breached their fiduciary duties by a
price below the 52-week high and by including various deal protections that may prevent other superior offers. These protections in
Option” to acquire additional shares and the board’s agreement to pay a $3 million termination fee.
If you are a Quixote shareholder and wish to discuss the legal ramifications of the Board’s actions, you may e-mail or call the law of
Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esq
Smith, Esquire at Brodsky & Smith, LLC, 9595 Wilshire Blvd., Suite 900, Beverly Hills, CA 90212, by e-mail at clients@brodsky
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire