SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into Iberdrola, S.A.
NEW YORK, NY / ACCESSWIRE / June 26, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Avangrid, Inc ("AGR" or the "Company") ((NYSE:AGR)) stock purchased prior to May 17, 2024. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Iberdrola and Avangrid, whether Iberdrola and the Board of AGR have harmed stockholders by agreeing to enter into this transaction, and whether all material facts have been properly disclosed to stockholders.
Exclusive: Iberdrola nears $2.6 billion deal to buy rest of Avangrid, sources say
Spanish utility Iberdrola is nearing a deal to acquire the remaining 18.4% stake in its U.S. subsidiary Avangrid that it does not already own for about $2.6 billion, people familiar with the matter said on Friday.
