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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of The Goldfield Corporation (“Goldfield” or the “Company”) (NYSE: GV) to First Reserve. Under the terms of the merger agreement, First Reserve has agreed to acquire all outstanding shares of Goldfield for $7.00 per share in cash, pursuant to a cash tender offer.
The Goldfield merger investigation concerns whether the Board of Goldfield 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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