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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Talen Energy Corporation (NYSE: TLN) acted responsibly on behalf of investors’ profitability in the planned $5.2 billion sale to Riverstone Holdings LLC.
On June 3, 2016, Talen Energy Corporation (NYSE: TLN) and Riverstone Holdings LLC announced that they had entered into a merger agreement. Under the terms of the merger agreement, Riverstone will offer Talen Energy shareholders $14.00 per share in cash for all outstanding shares.
Based in Allentown, Pennsylvania, and founded in 2014 Talen Energy Corporation operates as an energy and power generation and marketing company in North America.
The investigation is looking to uncover whether Talen Energy Corporation was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $15.00 per share.
If you purchased Talen Energy Corporation (NYSE: TLN) prior to June 3, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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