SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of USG Corporation to Gebr. Knauf KG is Fair to Shareholders
Jun. 11, 2018
NEW YORK--(BUSINESS WIRE)--Jun 11, 2018--The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased USG Corporation (“USG” or the “Company”) (NYSE: USG) stock prior to June 11, 2018.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of USG to Gebr. Knauf KG. Under the terms of the transaction, USG shareholders will receive $44 per share, consisting of $43.50 per share in cash and a $0.50 per share special dividend paid upon shareholder approval of the transaction. To learn more about the action and your rights, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The investigation concerns whether the Board of USG breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Gebr. Knauf KG is underpaying for USG shares, thus unlawfully harming USG shareholders. Shareholders representing a combined 31% of the Company’s outstanding shares have already agreed to tender their shares.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180611005730/en/
CONTACT: Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Levi & Korsinsky, LLP
Copyright Business Wire 2018.
PUB: 06/11/2018 10:32 AM/DISC: 06/11/2018 10:32 AM