Faruqi & Faruqi, LLP Announces the Investigation of Wausau Paper Corp. (WPP) Over the Proposed Sale of the Company to SCA
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Wausau Paper Corp. (“Wausau” or the “Company”) (NYSE:WPP) for potential breaches of fiduciary duties in connection with the sale of the Company to SCA for approximately $513 million in a cash transaction.
The Company’s stockholders will only receive $10.25 for each share of Wausau common stock they own. However, Wassau stock has traded as high as $11.26 per share as recently as January 2, 2015 and, furthermore, at least one analyst has set a price target at $12.00 per share.
If you own common stock in Wausau 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 firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.