[June 30, 2014]

ENVENTIS CORPORATION (ENVE) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Enventis Corporation

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Enventis (News - Alert) Corporation ("Enventis" or the "Company") (NASDAQ: ENVE) relating to the sale of the Company to Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) ("CCH (News - Alert)"). On June 30, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which CCH will acquire Enventis in a merger valued at roughly $350 million. As a result of the merger, Enventis shareholders are only anticipated to receive 0.7402 shares of CCH in cash in exchange for each share of Enventis.

Our investigation focuses on the insufficient consideration that Enventis shareholders are expected to receive. The 0.7402 fixed exchange ratio could expose Enventis shareholders to volatility in CCH's stock price. We are also investigating whether Enventis directors are breaching their fiduciary duties by failing to adequately shop the company. Our firm is also investigating the fairness of the sales process conducted by Waller Capital Securities LLC.

If you own shares of Enventis and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/enve or contact Craig J. Springer, Esq. at [email protected], or call toll free at 1-800-423-6013. You may also follow us on LinkedIn (News - Alert) - www.linkedin.com/company/andrews-&-springer-llc, Twitter (News - Alert) - www.twitter.com/AndrewsSpringer or Facebook (News - Alert) - www.facebook.com/AndrewsSpringer for future updates.

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.

[ Back To TMCnet.com's Homepage ]