NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against the Board of Directors of Integrys Energy Group, Inc. (“Integrys” or the “Company”) (NYSE:TEG) concerning the proposed acquisition of the Company by Wisconsin Energy Corp. (“Wisconsin Energy”). Under the terms of the definitive merger agreement, Integrys stockholders will receive 1.128 Wisconsin Energy shares plus $18.58 in cash for each share of Integrys common stock they own, valuing the transaction at approximately $9.1 billion.
The investigation concerns whether the Integrys Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.
If you are an Integrys stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, or telephone at (212) 699-1145, or Melissa Fortunato, Esq. by email at email@example.com, or telephone at (212) 699-1141, or toll free at (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.