Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Fairpoint Communications Inc (NASDAQ: FRP) acted responsibly on behalf of investors’ profitability in the planned $1.5 billion sale to Consolidated Communications Holdings Inc (NASDAQ: CNSL).

On December 5, 2016, Fairpoint Communications Inc (NASDAQ: FRP) and Consolidated Communications Holdings Inc (NASDAQ: CNSL) announced that they had entered into a merger agreement. FairPoint shareholders will receive a fixed exchange ratio of 0.7300 shares of Consolidated Communications common stock for each share of FairPoint common stock.

Based in Charlotte, North Carolina, and founded in 1991 Fairpoint Communications Inc provides communications services to business, wholesale, and residential customers in the United States.

The investigation focuses on whether NASDAQ: FRP investors received the highest price and whether the directors of Fairpoint Communications Inc acted in the best interest of Fairpoint Communications Inc company and its shareholders.   

If you purchased Fairpoint Communications Inc (NASDAQ: FRP) prior to December 5, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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