Investigation of Integrys Energy Group, Inc.
Smithtown, New York – June 24, 2014
The Law Office of Jack Stuart Beige & Associates, PC, announces it is investigating the Board of Directors of Integrys Energy Group, Inc. (NYSE: TEG) for possible breaches of fiduciary duties and other violations of law in connection with Integrys Energy Group, Inc.’s agreement to be acquired by Wisconsin Energy Corporation (NYSE: WEC), in a transaction valued at approximately $9.1 billion.
Under the terms of the agreement, public shareholder of Integrys Energy Group, Inc. (“Integrys Energy”) would receive $18.58 in cash and 1.128 shares of Wisconsin Energy Corporation for each share of Integrys Energy they own.
The investigation concerns whether Integrys Energy’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to Integrys Energy’s stockholders would be fair and adequate, and whether Integrys Energy is acting in its stockholders’ best interests.
If you own Integrys Energy common stock, purchased your shares prior to June 23, 2014, and wish to obtain additional information, please contact Joe by email at or by telephone at (631) 231-7725. Learn more by visiting the web site.