Cases
C&J Energy Services, Inc. (NYSE: CJ)
Merger
Overview
Overview
- Date:
- 6/17/2019
- Company Name:
- C&J Energy Services, Inc.
- Stock Symbol:
- CJ
- Company Name - Buyer:
- Kean Group, Inc.
- Status:
- Closed/Complete
- Merger Announcement Date:
- 6/17/2019
NEW YORK, June 17, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of C&J Energy Services, Inc (NYSE: CJ) on behalf of C&J shareholders concerning the proposed merger with Kean Group, Inc.
Pursuant to the proposed transaction, announced on June 17, 2019, and valued at approximately $1.8 billion, C&J shareholders will receive 1.6149 shares of Keane common stock for each share of C&J common stock owned. The investigation focuses on whether C&J and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own C&J shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on June 17, 2019, and valued at approximately $1.8 billion, C&J shareholders will receive 1.6149 shares of Keane common stock for each share of C&J common stock owned. The investigation focuses on whether C&J and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own C&J shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.