An investigation on behalf of investors of Globe Specialty Metals Inc (NASDAQ:GSM) in connection with the proposed takeover was announced and NASDAQ:GSM stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 03/02/2015 --An investigation on behalf of investors, who currently hold shares of Globe Specialty Metals Inc (NASDAQ:GSM), was announced concerning whether the takeover of Globe Specialty Metals Inc by Grupo FerroAtlántica is unfair to NASDAQ:GSM stockholders.

Investors who purchased shares of Globe Specialty Metals Inc (NASDAQ:GSM) and currently hold any of those NASDAQ:GSM shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Globe Specialty Metals Inc breached their fiduciary duties owed to NASDAQ:GSM investors in connection with the proposed acquisition.

On February 23, 2015, Grupo FerroAtlántica and Globe Specialty Metals, Inc. (NASDAQ: GSM) announced they have entered into an agreement under which the two companies will combine in an all-stock transaction to create a leading international silicon and specialty metals producer.

However, the investigation concerns whether the offer is unfair to NASDAQ:GSM stockholders. More specifically, the investigation concerns whether the Globe Specialty Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Globe Specialty Metals Inc reported that while its Total Revenue declined from $757.55 million for the 12 months period that ended on June 30, 2013 to $752.82 million for the 12 months period that ended on June 30, 2014, its Net loss of $21.03 million for the 12 months period that ended on June 30, 2013 turned into a Net income of $14.41 million for the 12 months period that ended on June 30, 2013. Shares of . Globe Specialty Metals Inc (NASDAQ:GSM) reached as high as $21.59 per share in early 2014.

On February 26, 2015, NASDAQ:GSM shares closed at $16.70 per share.

Those who are current investors in Globe Specialty Metals Inc (NASDAQ:GSM) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com