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4-Traders Homepage  >  Equities  >  Nyse  >  Avista Corp    AVA

AVISTA CORP (AVA)
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Avista : RM LAW Announces Investigation of Avista Corporation

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07/21/2017 | 04:20pm CEST

BERWYN, Pa., July 21, 2017 /PRNewswire/ -- RM LAW, P.C. is investigating potential claims against the board of directors of Avista Corporation ("Avista" or the "Company") (NYSE: AVA) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Hydro One Limited in a transaction valued at approximately $5.3 billion.

If you own shares of Avista and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here. You may also email Mr. Maniskas at rm@maniskas.com.

Under the terms of the agreement, shareholders of Avista will receive $53.00 in cash for each share of Avista common stock.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Avista or not acting in the Company's shareholders' best interests in connection with the sale process.

RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide. To learn more about the class action process, please visit: www.maniskas.com.

CONTACT: RM LAW, P.C.
Richard A. Maniskas, Esquire
1055 Westlakes Dr., Ste. 3112
Berwyn, PA 19312
484-324-6800
844-291-9299
rm@maniskas.com

View original content with multimedia:http://www.prnewswire.com/news-releases/rm-law-announces-investigation-of-avista-corporation-300492254.html

SOURCE RM LAW, P.C.

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Financials ($)
Sales 2017 1 602 M
EBIT 2017 270 M
Net income 2017 122 M
Debt 2017 690 M
Yield 2017 2,73%
P/E ratio 2017 27,23
P/E ratio 2018 25,95
EV / Sales 2017 2,53x
EV / Sales 2018 2,92x
Capitalization 3 367 M
Chart AVISTA CORP
Duration : Period :
Avista Corp Technical Analysis Chart | AVA | US05379B1070 | 4-Traders
Technical analysis trends AVISTA CORP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Average target price 46,8 $
Spread / Average Target -11%
EPS Revisions
Managers
NameTitle
Scott L. Morris Chairman, President & Chief Executive Officer
Mark T. Thies Chief Financial Officer, Treasurer & Senior VP
James M. Kensok VP, Chief Information & Security Officer
John F. Kelly Lead Independent Outside Director
Reed John Taylor Independent Director
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