Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Avista Corporation (NYSE: AVA) acted responsibly on behalf of investors’ profitability in the planned $25.4 billion sale to Hydro One Limited.
On July 19, 2017, Avista Corporation (NYSE: AVA) and Hydro One Limited announced that they had entered into a merger agreement. Under the terms of the merger agreement, Hydro will offer Avista shareholders $53.00 per share in cash for all outstanding shares.
Based in Spokane, Washington, and founded in 1889 Avista Corporation operates as an electric and natural gas utility company.
The investigation focuses on whether NYSE: AVA investors received the highest price and whether the directors of Avista Corporation acted in the best interest of Avista Corporation company and its shareholders.
If you purchased Avista Corporation (NYSE: AVA) prior to July 19, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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