PAETEC Shareholder Lawsuit
PAETEC Holding Corp. (NYSE: PAET) a business communications company is being acquired by Windstream Corp. for $2.3 Billion. Under the terms of the deal, PAETEC shareholders will receive 0.460 of a share of Windstream Corp. for each share of PAETEC stock they own, representing about $5.62 per PAETEC share.Is this a fair deal for Shareholders? IT may Not be!
If you own any shares of PAETEC call us now.Our law firm is investigating whether the PAETEC Board of Directors breached their fiduciary duties to PAETEC stockholders by failing to adequately shop the Company before entering into this transaction and whether Windstream Corp. is underpaying for PAETEC shares, harming PAETEC stockholders. One analyst set a price target of $7.00 per share of PAETEC stock.
Kyros Law is investigating the fairness of the proposed transaction to PAETEC shareholders, whether the shareholders are being underpaid for their stock.
If you are a shareholder of any amount of PAET please call Attorney Bill Kyros at 1-800-934-2921 to discuss your rights.
Kyros Law is a Boston-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For info about our law firm please our Kyros Law web site see also our Merger Lawsuit Page.
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