INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of FOSTER
WHEELER AG and Its Board of Directors In Connection With the Proposed Sale
of the Company to AMEC plc
NEW YORK -- January 13, 2014
Levi & Korsinsky is investigating the Board of Directors of Foster Wheeler AG
(“Foster Wheeler” or “the Company”) (NasdaqGS: FWLT) for possible breaches of
fiduciary duty in connection with the proposed sale of the Company to AMEC
Click here to learn more about the action
http://zlk.9nl.com/foster-wheeler-fwlt, or call: 877-363-5972. There is no
cost or obligation to you.
Under the terms of the transaction, Foster Wheeler shareholders will receive
0.8998 shares of AMEC common stock and $16.00 in cash for each share of Foster
Wheeler stock they own, representing an approximate value of $32.40 per share.
The investigation concerns whether Foster Wheeler is engaging and in a fair
and adequate process sales process and whether AMEC plc is underpaying for
Foster Wheeler shares. In particular at least one analyst set a price target
for Foster Wheeler stock at $38.00 per share.
If you own Foster Wheeler common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at
firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
Levi & Korsinsky is a national firm with offices in New York, New Jersey,
Connecticut and Washington D.C. The firm’s 26 attorneys have extensive
expertise in prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and shareholder
lawsuits. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Toll Free: 877-363-5972
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