We Give Shareholders a Voice
Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Gener8 Maritime, Inc. to Euronav. Under the terms of the deal, Gener8 shareholders will receive 0.7272 of a share of Euronav for each share of Gener8 stock they own.
The investigation concerns whether the Board of Gener8 breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Euronav is underpaying for Gener8 shares, thus unlawfully harming Gener8 shareholders.
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