Faruqi & Faruqi, LLP Announces the Investigation of AGL Resources Inc. (GAS) Over the Proposed Sale of the Company to Southern Company
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of AGL Resources Inc. (“AGL” or the “Company”) (NYSE: GAS) for potential breaches of fiduciary duties in connection with the sale of the Company to Southern Company for approximately $12 billion in a cash transaction.
The Company’s stockholders will only receive $66.00 for each share of Company common stock they own. However, the offer represents an inadequate premium over the Company’s opening price per share of $60.80 on August 27, 2015 and the stock is expected to continue climbing.
If you own common stock in AGL and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
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New York, NY 10017
Tel: (212) 983-9330
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