Shareholder Alert: Ademi LLP investigates whether Avangrid, Inc. has obtained a Fair Price for its Public Shareholders

Core Viewpoint - Ademi LLP is investigating Avangrid for potential breaches of fiduciary duty and legal violations related to its transaction with Iberdrola, which involves the acquisition of Avangrid's remaining shares [1][2] Group 1: Transaction Details - Iberdrola plans to acquire the remaining 18.4% of Avangrid's common stock for $35.75 per share in an all-cash transaction [1] - The transaction agreement includes provisions that significantly limit competing offers for Avangrid, imposing penalties if Avangrid accepts a competing bid [1] Group 2: Board Conduct Investigation - The investigation focuses on whether Avangrid's board of directors is fulfilling their fiduciary duties to all shareholders [2] - Shareholders of Avangrid are encouraged to seek additional information regarding the investigation [2]