Cases
Straight Path Communications Inc. (NYSE MKT: STRP)
Merger
Overview
Overview
- Date:
- 4/21/2017
- Status:
- Closed/Complete
NEW YORK, April 21, 2017 – 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 Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
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 Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.