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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of UQM Technologies, Inc. (NYSE American: UQM) to Danfoss A/S. Under the terms of the transaction, UQM Technologies shareholders will receive $1.71 for each share of UQM Technologies stock they own.
The UQM Technologies merger investigation concerns whether the Board of UQM Technologies breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Danfoss S/A is underpaying for UQM Technologies shares, thus unlawfully harming UQM Technologies shareholders.
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