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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of SodaStream International Ltd. (NASDAQGS: SODA) to PepsiCo, Inc. (NASDAQGS: PEP). Under the terms of the transaction, SodaStream shareholders will receive $144.00 for each share of SodaStream stock they own.
The SodaStream merger investigation concerns whether the Board of SodaStream breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether PepsiCo is underpaying for SodaStream shares, thus unlawfully harming SodaStream shareholders.
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