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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of International Flavors & Fragrances Inc. (“IFF” or the “Company”) (NYSE: IFF) with DuPont de Nemours, Inc. (“DuPont “) (NYSE: DD). Following the merger, DuPont shareholders will own 55.4% of the combined company and IFF’s shareholders will own 44.6%.
The IFF merger investigation concerns whether the Board of IFF breached their fiduciary duties to stockholders by agreeing to enter into this transaction and whether the merger undervalues IFF relative to DuPont, thereby harming IFF shareholders.
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