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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of The Stars Group Inc. (“TSG” or the “Company”) (NASDAQ: TSG) to Flutter Entertainment plc (“Flutter”). Under the terms of the deal, TSG shareholders will receive 0.2253 New Flutter Shares in exchange for each TSG share.
The TSG merger investigation concerns whether the Board of TSG breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Flutter is underpaying for TSG shares, thus unlawfully harming TSG shareholders.
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