NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against the Board of Directors of UNS Energy Corporation (“UNS” or the “Company”) (NYSE: UNS) concerning the proposed acquisition of the Company by Fortis, Inc. (“Fortis”). Under the terms of the definitive merger agreement, UNS shareholders will receive $60.25 in cash for each share of UNS owned, valuing the transaction at approximately $4.3 billion.
The investigation concerns whether the UNS Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the $60.25 per share proposed consideration adequately values UNS’ common stock.
If you are a UNS shareholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.