Cases
Bonanza Creek Energy (NYSE: BCEI)
Merger
Overview
Overview
- Date:
- 11/15/2017
- Company Name:
- Bonanza Creek Energy
- Stock Symbol:
- BCEI
- Company Name - Buyer:
- SandRidge Energy
- Stock Symbol - Buyer:
- SD
- Status:
- Closed/Complete
NEW YORK, November 15, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Bonanza Creek Energy (NYSE: BCEI) stockholders concerning the proposed acquisition of the company by SandRidge Energy (NYSE: SD).
Our investigation concerns whether Bonanza Creek’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with SandRidge Energy. Under the terms of the agreement, Bonanza Creek shareholders will receive $36.00 for each Bonanza Creek share they own, comprised of $19.20 per share in cash and $16.80 per share in common shares of SandRidge stock.
If you own Bonanza Creek 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 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.
Our investigation concerns whether Bonanza Creek’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with SandRidge Energy. Under the terms of the agreement, Bonanza Creek shareholders will receive $36.00 for each Bonanza Creek share they own, comprised of $19.20 per share in cash and $16.80 per share in common shares of SandRidge stock.
If you own Bonanza Creek 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 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.