SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Enventis Corporation in Connection with the Sale of the Company- ENVE
BALA CYNWYD, Pa., July 7, 2014 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Enventis Corporation ("Enventis" or the "Company") (Nasdaq: ENVE) relating to the proposed acquisition Consolidated Communications Holdings, Inc. ("Consolidated Communications").
Click here to learn more about the investigation http://brodsky-smith.com/784-enve-enventis-corporation.html, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Enventis shareholders will receive only 0.7402 shares of Consolidated Communications common stock for each share of Enventis stock they own. The proposed transaction is valued at approximately $350 million, including $123 million of Enventis' net debt. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Enventis for not acting in the Company's shareholders' best interests in connection with the sale process.
If you own shares of Enventis common stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [email protected], by visiting http://brodsky-smith.com/784-enve-enventis-corporation.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE Brodsky & Smith, LLC
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