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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Gores Holdings IV, Inc. (“Gores” or the “Company”) (NASDAQ: GHIV) with United Wholesale Mortgage. Under the terms of the agreement, Gores shareholders will own only 6% of the combined company.
The Gores merger investigation concerns whether the Board of Gores 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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