Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of International Coal Group, Inc. ("ICO" or the "Company") (NYSE:ICO) concerning the announcement that it had entered into an agreement and plan of merger with Arch Coal, Inc. (NYSE:ACI) (“Arch Coal”) by means of an all-cash tender offer in a transaction with a total equity value of approximately $3.4 billion.
On May 2, 2011, it was announced that Arch Coal agreed to buy ICO by means of an all-cash tender offer of $14.6 per share, followed by a back-end merger. The deal is expected to close by mid-year 2011. Our investigation concerns the board of directors’ process for consideration of the proposed transaction and whether the consideration to be paid to ICO shareholders is fair and adequate.
If you own shares of ICO and would like to learn more about these claims or if you wish to discuss this matter and have any questions or information concerning this announcement, please contact Robert I. Harwood, Esq. at firstname.lastname@example.org or James G. Flynn, Esq. at email@example.com. You may also call them at (877) 935-7400. For more information about class actions, please visit our website: www.hfesq.com.
Harwood Feffer LLP is a national shareholder litigation firm. Harwood Feffer LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
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