Law Firm Brower Piven Announces Investigation
Law Firm News
The law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of CH Energy Group, Inc. and other violations of state law by the board of directors of CH Energy Group relating to the proposed acquisition of the company by Fortis Inc. The firm's investigation seeks to determine, among other things, whether the board breached its fiduciary duties by failing to maximize shareholder value.
On February 21, 2012, Fortis announced that it had entered into an agreement providing for Fortis to acquire CH Energy Group for $1.5 billion. Under the terms of the merger agreement, CH Energy Group shareholders will receive $65.00 for each share of CH Energy Group common stock held. However, according to Yahoo! Finance, at least one analyst has set a high price target of $69.00 per share.
If you currently own shares of CH Energy Group and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions.
www.browerpiven.com
Related listings
-
Indianapolis Construction Law Firm - Riley Bennett & Egloff, LLP
Law Firm News 02/20/2012As part of our experience representing owners, contractors and design professionals throughout the industry, we have written and negotiated contracts based on industry standard forms (such as the AIA forms) and have also developed custom contract doc...
-
Indianapolis Bankruptcy Law Firm - Riley Bennett & Egloff, LLP
Law Firm News 02/12/2012Creditor’s Rights The Firm’s creditors’ rights expertise also includes such areas as foreclosures and deeds-in-lieu of foreclosure; appointment of receivers; replevin, garnishment and attachment proceedings, pre-judgment and post-judgment; suits on g...
-
Heitman Law Firm, PL. - Florida Construction Law Attorney
Law Firm News 01/21/2012Palm Beach Construction Law AttorneyHigh Quality Legal Representation By quality, we mean degree of excellence. Heitman Law Firm practices construction law. Mr. Heitman is an expert in construction law, board certified by the Florida Bar. He is a mem...
New York Commercial Litigation Law Firm - Woods Lonergan PLLC
Founded in 1993 by Managing Partner James F. Woods, Woods Lonergan PLLC has built a strong reputation as a resourceful and industrious firm that provides clients with clear, concise, and straightforward answers to their most challenging legal issues. Partner Lawrence R. Lonergan, who joined the firm in 2008, has been a friend and colleague to Mr. Woods for over 40 years and shares the same business philosophy. Woods Lonergan PLLC’s collective experience and expertise enables the firm to expeditiously and effectively analyze the increasing challenges clients face in an evolving business and legal world, in many instances, avoiding unnecessary time and expense to our clients. Our mission is simple: provide cutting-edge expertise and sound advice in select areas of the law for corporate and business clients. We thrive on providing each client with personalized attention, forceful representation, and a collaborative team effort that embraces collective knowledge.