PRLog - March 4, 2012 - SAN DIEGO -- The announcement by SureWest Communications that agreed to by acquired by Consolidated Communications Holdings for $23 per NASDAQ:SURW caused an investigation for investors in SureWest Communications (NASDAQ:SURW)
If you are a current investor in SureWest Communications (NASDAQ:SURW)
The investigations by law firms concern whether SureWest, certain officers and directors, and/or others breached their fiduciary duties owed to SureWest Communications (NASDAQ:SURW)
On Monday, February 6, 2012, SureWest Communications (Nasdaq: SURW) and Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) announced that they hae entered into an agreement under which Consolidated Communications Holdings will acquire all the outstanding shares of SureWest Communications in a cash and stock transaction valued at $23.00 per share, or a total of approximately $340.9 million, exclusive of debt.
However, SureWest Communications’
Therefore the investigation for NASDAQ:SURW investors concerns whether the SureWest Communications Board of Directors undertook an adequate sales process and in particular breached their fiduciary duties to SureWest Communications (NASDAQ:SURW)
Those who are current investors in SureWest Communications (NASDAQ:SURW)
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