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Law Firm Brower Piven Announces Investigation in Connection With the Acquisition of SureWest Communications by Consolidated Com


//science-technology.news-articles.net/content/2 .. surewest-communications-by-consolidated-com.html
Published in Science and Technology on Monday, February 6th 2012 at 22:00 GMT by Market Wire   Print publication without navigation


STEVENSON, Md.--([ ])--The law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of SureWest Communications (aSureWesta) (Nasdaq: SURW) and other violations of state law by the board of directors of SureWest relating to the proposed acquisition of the company by Consolidated Communications Holdings, Inc. (aConsolidated Communicationsa). The firmas investigation seeks to determine, among other things, whether the board breached its fiduciary duties by failing to maximize shareholder value.

On February 6, 2012, Consolidated Communications announced that it had entered into a definitive merger agreement providing for Consolidated Communications to acquire SureWest for approximately $340.9 million. Under the terms of the merger agreement, SureWest shareholders will receive cash and Consolidated Communicationsstock totaling $23.00 for each share of SureWest common stock held.

If you currently own shares of SureWest and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at [ hoffman@browerpiven.com ], by calling (410) 415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.


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