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SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Announces Investigation of VITRAN CORPORATION INC. and Its Board of Directors In Connection with the Sale of the Company to TransForce Inc.NEW YORK --(Business Wire)-- Levi & Korsinsky is investigating the Board of Directors of Vitran Corporation Inc. ("Vitran" or "the Company") (NasdaqGS: VTNC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to TransForce Inc. ("TransForce"). Click here to learn more about the action http://zlk.9nl.com/vitran-vtnc, or call: 877-363-5972. There is no cost or obligation to you. Under the terms of transaction, TransForce has agreed to acquire all f the outstanding common shares of Vitran not already owned by TransForce for $6.50 in cash. The total transaction is valued at approximately $136 million, including net debt. The investigation concerns whether the Company's Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether TransForce is underpaying for Vitran shares. If you own Vitran common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/vitran-vtnc. Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
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