Faruqi & Faruqi Investigation: Con-way Inc.

Faruqi & Faruqi, LLP Announces the Investigation of Con-way Inc. (CNW) Over the Proposed Sale of the Company to XPO Logistics, Inc.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Con-way Inc. (“Con-way” or the “Company”) (NYSE:CNW) for potential breaches of fiduciary duties in connection with the sale of the Company to XPO Logistics, Inc. for approximately $3 billion in a cash transaction.
The Company’s stockholders will only receive $47.60 for each share of Company common stock they own. However, this offer is below the Company’s 52-week high and at least an analyst’s target price of $59.00 per share.
If you own common stock in Con-way and wish to obtain additional information and protect your investments free of charge, please contact F&F's Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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