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| [February 16, 2013] |
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Law Office of Brodsky & Smith, LLC Announces Investigation of Metals USA Holdings Corporation
BALA CYNWYD, Pa. --(Business Wire)--
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Metals USA Holdings
Corp. ("Metals USA" or the "Company") (NYSE: MUSA) relating to the
proposed acquisition by Reliance Steel & Aluminum Co. ("Reliance").
Under the terms of the transaction, Metals USA shareholders will receive
only $20.65 in cash for each share of Metals USA stock they own. The
investigation concerns possible breaches of fiduciary duty and other
violations of state law by the Board of Directors of Metals USA for not
acting in the Company's shareholders' best interests in connection with
the sale process to Reliance. The fcus of the investigation is whether
Metals USA's Board of Directors breached their fiduciary duties by
failing to conduct an adequate and fair sales process prior to agreeing
to this proposed transaction. The transaction may undervalue Metals USA
as an analyst has set a price target of $21.00 per share for Metals USA
stock.
If you own shares of Metals USA stock 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 investorrelations@brodsky-smith.com
visiting http://brodsky-smith.com/539-musa-metals-usa-holding-corp.html,
by calling toll free 877-LEGAL-90.

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