NEW YORK, Aug. 4, 2015 /PRNewswire/ -- Morgan & Morgan announces that it is investigating possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Cytec Industries Inc. ("Cytec" or the "Company") CYT relating to the proposed buyout of the Company by Solvay, S.A.
If you own shares of Cytec and would like to learn more about the Cytec shareholder investigation, you may contact Morgan & Morgan at 1(800) 732-5200 or email info@morgansecuritieslaw.com.
Under the terms of the transaction, Cytec shareholders will receive $75.25 in cash for each share of Cytec common stock held. The investigation relates to whether the proposal is fair to the public shareholders and if the Company's Board of Directors breached their fiduciary duties to shareholders.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to shareholder rights, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability. All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."
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Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
info@morgansecuritieslaw.com
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SOURCE Morgan & Morgan
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