EARTHLINK HOLDINGS CORP. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Rigrodsky & Long, P.A.:
-
Do you own shares of EarthLink Holdings Corp. (NASDAQ GS: ELNK)?
- Did you purchase any of your shares prior to November 7, 2016?
- Do you think the proposed buyout value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of
directors of EarthLink Holdings Corp. (“EarthLink” or the “Company”) (NASDAQ GS: ELNK) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry
into an agreement to be acquired by Windstream Holdings, Inc. (“Windstream”) (NASDAQ GS: WIN), in a transaction valued at approximately $1.1 billion.
Click here to learn more: http://rigrodskylong.com/investigations/earthlink-holdings-corp-elnk.
Under the terms of the agreement, shareholders of EarthLink will receive 0.818 shares of Windstream common stock for each share
of EarthLink common stock. Based on Windstream’s closing stock price on November 4, 2016, EarthLink shareholders would have
received compensation valued at approximately $5.92 per share.
The investigation concerns whether EarthLink’s board of directors failed to adequately shop the Company and obtain the best
possible value for EarthLink shareholders before entering into an agreement with Windstream.
If you own the common stock of EarthLink and purchased your shares before November 7, 2016, 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 Seth D. Rigrodsky or Gina M. Serra at Rigrodsky &
Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/earthlink-holdings-corp-elnk.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes
securities class, derivative and direct actions, shareholder rights litigation and corporate governance
litigation, on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
888-969-4242
302-295-5310
Fax: 302-654-7530
info@rl-legal.com
http://www.rigrodskylong.com
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