We Give Shareholders a Voice
Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Pioneer Railcorp, Inc. (“Pioneer” or the “Company”) (OTC: PRRR) to BRX Transportation Holdings, LLC (“BRX Transportation”). Under the terms of the transaction, Pioneer shareholders will receive $18.81 per share.
The Pioneer merger investigation concerns whether the Board of Pioneer breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether BRX Transportation is underpaying for Pioneer shares, thus unlawfully harming Pioneer shareholders
To receive more information, please fill out the form.