LOS ANGELES -- (Business Wire)

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the board of directors of Ameron International Corporation (“Ameron” or the “Company”) (NYSE:AMN) related to the Company’s agreement to be acquired by National Oilwell Varco, Inc. in a proposed transaction where Ameron shareholders will receive $85.00 per share in cash for each share they own of the Company’s common stock. The transaction is valued at approximately $773 million.

The investigation concerns whether the board of directors of Ameron breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. Recently the stock has been trading above $85.00 per share. Additionally, at least one analyst has set a target price of $90.00 per share, virtually nullifying any premium that Ameron’s shareholders would receive under the transaction.

If you are a shareholder of Ameron, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact please contact Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to shareholders@glancylaw.com.

Contacts:

Glancy Binkow & Goldberg LLP, Los Angeles, CA
Louis Boyarsky
310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com

Source: Glancy Binkow & Goldberg LLP