|[June 23, 2014]
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Integrys Energy Group, Inc. and Its Board of Directors In Connection With the Sale of the Company to Wisconsin Energy Corp.
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of Integrys
Energy Group, Inc. ("Integrys Energy" or "the Company") (NYSE:TEG) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Wisconsin Energy Corp. (NYSE:
Click here to learn more about the investigation: http://zlk.9nl.com/integrys-energy-teg,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Integrys Energy shreholders will
receive $18.58 in cash and 1.128 Wisconsin Energy shares for each share
of Integrys Energy stock they own, representing a value of approximately
$71.47 per share. The investigation concerns whether the Board of
Integrys Energy breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter into
this transaction, and whether Wisconsin Energy Corp. is underpaying for
Integrys Energy shares.
If you own Integrys Energy 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/integrys-energy-teg.
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.
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