EMPIRE DISTRICT ELECTRIC INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The Empire District Electric Company

Feb 11, 2016, 23:37 ET from Kahn Swick & Foti, LLC

NEW ORLEANS, Feb. 11, 2016 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of The Empire District Electric Company ("Empire" or the "Company") (NYSE: EDE) to Algonquin Power & Utilities Corp. (TSX: AQN). Under the terms of the proposed transaction, shareholders of Empire will receive only $34.00 for each share of Empire that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447

 

SOURCE Kahn Swick & Foti, LLC



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