Harwood Feffer LLP Announces Investigation of Questar Corp.
Feb 2, 2016
NEW YORK, Feb. 2, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Questar Corp. ("Questar" or the "Company") (NYSE: STR) concerning the proposed acquisition of the Company by Dominion Resources, Inc. ("Dominion").
Under the terms of the offer, Dominion would acquire Questar in a transaction valued at approximately $4.4 billion. Pursuant to the deal, Questar stockholders would receive $25.00 in cash per share owned. According to Yahoo Finance, at least one analyst has set a target price for Questar stock of $26.00
Our investigation concerns whether the Questar board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Questar shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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