Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Questar Corporation (NYSE: STR) acted responsibly on behalf of investors’ profitability in the planned $4.4 billion sale to Dominion Resources Inc (NYSE: D).
On February 1, 2016, Questar Corporation (NYSE: STR) and Dominion Resources Inc (NYSE: D) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Dominion Resources will offer Questar Corporation shareholders $25 per share in cash for all outstanding shares.
Based in Salt Lake City, Utah, and founded in 1922 Questar Corporation operates as an integrated natural gas company.
The investigation is looking to uncover whether Questar Corporation was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $26.00 per share.
If you purchased Questar Corporation (NYSE: STR) prior to February 1, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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