INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Enventis Corp. & Its Board of Directors In Connection With t...
July 07 2014 - 10:53AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Enventis Corporation (“Enventis” or “the Company”) (NasdaqGS:ENVE)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to
Consolidated Communications Holdings, Inc. (“CNSL”) (NasdaqGS:
CNSL).
Click here to learn more about the investigation:
http://zlk.9nl.com/enventis-enve, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, Enventis shareholders will
receive a fixed ratio of 0.7402 shares of CNSL common stock for
each share of Enventis stock they own in an all-stock transaction.
The transaction is valued at approximately $350 million. The
investigation concerns whether the Board of Enventis breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before agreeing to enter into this transaction, and whether
CNSL is underpaying for Enventis shares.
If you own Enventis common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit
http://zlk.9nl.com/enventis-enve.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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