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Law Offices of Howard G. Smith Announces Investigation of SureWest Communications


//science-technology.news-articles.net/content/2 .. es-investigation-of-surewest-communications.html
Published in Science and Technology on Monday, February 6th 2012 at 20:21 GMT by Market Wire   Print publication without navigation


BENSALEM, Pa.--([ ])--Law Offices of Howard G. Smithannounces that it is investigating potential claims against the Board of Directors of SureWest Communications (aSureWesta or the aCompanya) (NASDAQ:SURW) related to the proposed acquisition of the Company by Consolidated Communications Holdings, Inc. The transaction is valued at approximately $340.9 million or $23.00 per share.

The investigation concerns whether the Board of Directors of SureWest breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Its share price has skyrocketed from $9.33 on September 22, 2011 to $15.59 on February 3, 2012.

If you are a shareholder of SureWest, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ http://www.howardsmithlaw.com ].


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