SHAREHOLDER ALERT: Lundy Law Commences An Investigation Into The Proposed Acquisition Of TECO Energy, Inc.
September 10 2015 - 5:25PM
Business Wire
Lundy Law is investigating potential claims against the Board of
Directors of TECO Energy, Inc. (“TECO” or the “Company”) (NYSE: TE)
for possible breaches of fiduciary duty and other violations of law
in connection with the proposed sale of the Company to Emera Inc.
(“Emera”). Under the terms of the proposed transaction, TECO
shareholders will receive $27.55 for each common share of TECO they
own.
Among other things, the investigation concerns whether the
proposed transaction adequately values the Company and whether the
Board of Directors of TECO has engaged in a proper process in order
to achieve the best possible value for the Company’s
shareholders.
If you own shares of TECO common stock and wish to discuss the
legal ramifications of the investigation, or have any questions,
contact Lundy Law who will, without obligation or cost to you,
answer your questions. For more information you may contact David
Promisloff, co-counsel to Lundy Law directly at 1-800-LundyLaw, or
visit http://www.lundylaw.com/press-releases/TE.
Lundy Law has worked hard for more than 50 years to help injured
people get the results they need. In addition to shareholder
actions and class actions, Lundy Law practices in the areas of
personal injury, product liability, auto accident and workers’
compensation. Lundy Law has collected hundreds of millions of
dollars in settlements and successful verdicts for our clients.
With offices throughout the Delaware Valley and Lehigh Valley,
including Philadelphia, Cherry Hill, Wilmington, Bethlehem, and
Reading, we care about helping people, no matter how hard the
challenge.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150910006699/en/
LUNDY LAW, LLPDavid M. Promisloff, Esq., Co-Counsel to Lundy
Law1-800-LundyLawInquiries@Lundylaw.com
Teco (NYSE:TE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Teco (NYSE:TE)
Historical Stock Chart
From Apr 2023 to Apr 2024