Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Virgin America Inc (NASDAQ: VA) acted responsibly on behalf of investors’ profitability in the planned $4 billion sale to Alaska Air Group Inc (NYSE: ALK).
On April 4 2016, Virgin America Inc (NASDAQ: VA) and Alaska Air Group Inc (NYSE: ALK) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Alaska Air will offer Virgin America shareholders $57.00 per share in cash for all outstanding shares.
Based in Burlingame, CA, and founded in 2004 Virgin America Inc provides scheduled air travel services.
The investigation focuses on whether NASDAQ: VA investors received the highest price and whether the directors of Virgin America Inc acted in the best interest of Virgin America Inc company and its shareholders.
If you purchased Virgin America Inc (NASDAQ: VA) prior to April 4 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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