NEW YORK, Aug. 11, 2015 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased NTELOS Holdings Corp. stock prior to August 10, 2015.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of NTELOS Holdings Corp. (NASDAQ: NTLS) to Shenandoah Telecommunications Company (NASDAQ: SHEN) for $9.25 in cash per share. Concurrent with the merger, Shenandoah is also entering a series of agreements with Sprint Corporation, the result of which includes that NTELOS wireless retail customers will become Sprint-branded customers. An institutional investor representing more than 18% of the Company's outstanding common stock has already agreed to tender its shares. To learn more about the investigation and your rights, go to: http://zlk.9nl.com/ntelos-holdings-ntls or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
SOURCE Levi & Korsinsky, LLP