Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Otelco Inc. ("Otelco" or the "Company") (NASDAQ: OTEL) to affiliates formed by Oak Hill Capital ("Oak Hill"). Under the terms of the merger, Otelco shareholders will receive $11.75 in cash per share they own.
The Otelco The merger investigation concerns whether the Board of Otelco has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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