INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Enventis Corporation and Its Board of Directors In Connection With the Sale of the Company to Consolidated Communications Holdings, Inc.
NEW YORK--(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 email@example.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.