Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of First Niagara Financial Group Inc (NASDAQ: FNFG) acted responsibly on behalf of investors’ profitability in the planned $4.1 billion sale to KeyCorp (NYSE: KEY).

On October 30, 2015, First Niagara Financial Group Inc (NASDAQ: FNFG) and KeyCorp (NYSE: KEY) announced that they had entered into a merger agreement.

First Niagara Financial Group Inc shareholders will receive 0.68 KeyCorp shares and $2.30 in cash for each (NASDAQ: FNFG) common share. The consideration is valued at $11.40 per share based on the closing price of KeyCorp common stock on October 29, 2015.

Based in Buffalo, New York, and founded in 1870 First Niagara Financial Group Inc provides retail and commercial banking and other financial services to individuals and businesses.

The investigation is looking to uncover whether First Niagara Financial Group Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $ 13.00 per share.

If you purchased First Niagara Financial Group Inc (NASDAQ: FNFG) prior to October 30, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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