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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Continental Building Products, Inc. (“Continental Building” or the “Company”) (NYSE: CBPX) to Compagnie de Saint-Gobain S.A. (“Saint-Gobain”). Under the terms of the transaction, Continental Building shareholders will receive $37.00 per share of Continental Building that they own.
The Continental Building merger investigation concerns whether the Board of Continental Building breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction and whether Saint-Gobain is underpaying for Continental Building shares, thus unlawfully harming Continental Building shareholders.
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