Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Westar Energy Inc (NYSE:WR) acted responsibly on behalf of investors’ profitability in the planned $8.6 billion sale to Great Plains Energy Incorporated (NYSE: GXP).

On May 31, 2016, Westar Energy Inc (NYSE:WR) and Great Plains Energy Incorporated (NYSE: GXP) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Westar shareholders will receive $60.00 per share of total consideration for each share of Westar common stock, consisting of $51.00 in cash and $9.00 in Great Plains Energy common stock.

Based in Topeka, Kansas, and founded in 1924 Westar Energy Inc generates, transmits, and distributes electricity in Kansas.

The investigation focuses on whether NYSE:WR investors received the highest price and whether the directors of Westar Energy Inc acted in the best interest of Westar Energy Inc company and its shareholders.   

If you purchased Westar Energy Inc (NYSE:WR) prior to May 31, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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