NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Straight Path Communications Inc. (NYSE MKT: STRP) stockholders concerning the proposed acquisition of the company by AT&T Inc. (NYSE: T).
The investigation concerns whether Straight Path’s board of directors failed to adequately shop the company and obtain the best possible value for Straight Path stockholders before entering into a definitive merger agreement with AT&T. Under the terms of the agreement, Straight Path stockholders will receive $95.63 in AT&T stock for each share of Straight Path they own in an all-stock transaction valued at approximately $1.6 billion.
If you own Straight Path shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker, Esq. by email at email@example.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation of Straight Path, please go to www.bespc.com/Straight-Path. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.