FT is investigating potential claims on behalf of shareholders of ICO, Inc. (Nasdaq:ICOC) arising from the Company’s announcement of its intent to merge with A. Schulman, Inc. (Nasdaq: SHLM)

Under the terms of the proposed agreement, ICO shareholders will receive $3.67 per share in cash and approximately 0.184 shares of Schulman stock for each share of ICO common stock owned. The transaction represents an implied per-share value of approximately $6.79 and is valued at approximately $191.4 million.

The investigation is focused on the potential unfairness of the price to ICO shareholders and the process by which the ICO Board of Directors considered and approved the transaction. ICO stock traded at over $12 per share in 2008.

If you are interested in discussing your rights as an ICO shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at This email address is being protected from spam bots, you need Javascript enabled to view it