Questar Corporation (NYSE:STR) Shareholder Alert: Investigation over Possible Wrongdoing in Buyout

An investigation on behalf of investors of Questar Corporation (NYSE:STR) in connection with the proposed takeover was announced and NYSE:STR stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 02/23/2016 --An investigation for shareholders in Questar Corporation was announced concerning whether the takeover of Questar Corporation by Dominion Resources, Inc for $25.00 per share is unfair to NYSE:STR stockholders.

Investors who purchased shares of Questar Corporation (NYSE:STR) and currently hold any of those NYSE:STR shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Questar Corporation breached their fiduciary duties owed to NYSE:STR investors in connection with the proposed acquisition.

On February 1, 2016, Dominion Resources, Inc. and Questar Corporation announced an agreement for the companies to combine, in an all-cash transaction in which Dominion has agreed to pay Questar shareholders $25 per share - about $4.4 billion - and assume Questar's outstanding debt.

However, given that at least one analyst has set the high target price for NYSE:STR shares at $26.00 per share, the investigation concerns whether the offer is unfair to NYSE:STR stockholders. More specifically, the investigation concerns whether the Questar Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On February 8, 2016, NYSE:STR shares closed at $25.00 per share.

Those who are current investors in Questar Corporation (NYSE:STR) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/667068