Provided By PR Newswire
Last update: May 12, 2022
NEW YORK, May 11, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Trecora Resources ("Trecora" or the "Company") (NYSE: TREC) in connection with the proposed acquisition of the Company by an affiliate of Balmoral Funds, LLC via a tender offer. Under the terms of the merger agreement, the Company's shareholders will receive $9.81 in cash for each share of Trecora common stock owned. The transaction is valued at approximately $247 million.
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