Cases
Clayton Williams Energy, Inc. (NYSE: CWEI)
Merger
Overview
Overview
- Date:
- 4/4/2017
- Company Name - Buyer:
- Noble Energy, Inc.
- Status:
- Closed/Complete
- Merger Announcement Date:
- 1/16/2017
- Court:
- U.S. Bankruptcy Court: District of Delaware
NEW YORK, April 4, 2017 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the District of Delaware on behalf of all persons or entities who held Clayton Williams Energy, Inc. (NYSE: CWEI) securities on March 22, 2017 (the “Class Period”).
On January 16, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Noble Energy, Inc. will acquire Clayton Williams Energy, Inc. in a deal worth $3.2 billion. As a result of the merger, Clayton Williams Energy shareholders are only anticipated to receive 2.7874 Noble Energy shares and $34.75 in cash for each share of Clayton Williams Energy common stock.
The Complaint alleges that the Company failed to conduct a fair sales process and failed to disclose all material information regarding the sale of the Company.
If you held Clayton Williams Energy securities during the Class Period, 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 A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On January 16, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Noble Energy, Inc. will acquire Clayton Williams Energy, Inc. in a deal worth $3.2 billion. As a result of the merger, Clayton Williams Energy shareholders are only anticipated to receive 2.7874 Noble Energy shares and $34.75 in cash for each share of Clayton Williams Energy common stock.
The Complaint alleges that the Company failed to conduct a fair sales process and failed to disclose all material information regarding the sale of the Company.
If you held Clayton Williams Energy securities during the Class Period, 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 A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.