Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of CorePoint Lodging Inc. ("CorePoint" or the "Company") (NYSE: CPLG) to affiliates of Highgate and Cerberus Capital Management, L.P. ("Highgate and Cerberus"). Under the terms of the merger,
Highgate and Cerberus will acquire all outstanding shares of CorePoint common stock for $15.65 per share.
The CorePoint merger investigation concerns whether the Board of CorePoint has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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