WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Ash Grove Cement Co in connection with the proposed acquisition of the Company by CRH, Plc. 

On 20 September 2017, the Ash Grove Cement announced the signing of a definitive agreement under which terms CRH will acquire all outstanding shares of Ash Grove Cement in a transaction valued at approximately US$3.5bn.

However, WeissLaw is investigating whether Ash Grove Cement's Board acted to maximise shareholder value prior to entering into the agreement.

Prior to the announcement, Seeking Alpha published an article explaining why it believed the Company was being undervalued. It listed numerous contributing factors, including:
1. The steady and rising demand for cement, which is expected to exceed production by 2018 or 2019 due to predicted increases in the construction industry, including anticipated increases in infrastructure spending
2. The Company's market share, namely that it is a major player in four major growth regions
3. The recent "explosive growth" Ash Grove Cement has seen in its operating earnings.

Given these facts, WeissLaw is investigating whether ASHG's Board acted in the best interests of Ash Grove Cement's public shareholders to maximise shareholder value prior to entering into the agreement.