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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale ofAquaVenture Holdings Limited (“AquaVenture” or the “Company”) (NYSE: WAAS) to Culligan. Under the terms of the agreement, AquaVenture shareholders to receive $27.10 per share in cash.
The AquaVenture merger investigation concerns whether the Board of AquaVenture breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction and whether Culligan is underpaying for AquaVenture shares, thus unlawfully harming AquaVenture shareholders.
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