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Energen Corporation (EGN)

Merger

Overview
  • Date:
  • 8/16/2018
  • Company Name:
  • Energen Corporation
  • Stock Symbol:
  • EGN
  • Company Name - Buyer:
  • Diamondback Energy, Inc.
  • Status:
  • Closed/Complete
  • Merger Announcement Date:
  • 8/14/2018

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NEW YORK, August 16, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against Energen Corporation (NYSE: EGN) on behalf of stockholders concerning the proposed acquisition of the company by Diamondback Energy, Inc.

Pursuant to the proposed transaction, announced on August 14, 2018 and valued at approximately $9.2 billion, Energen stockholders will receive $84.95 per share in cash for their Energen common stock.  Our investigation concerns whether Energen’s board of directors failed to adequately shop the company and obtain the best possible price for its stockholders before entering into a definitive agreement with Diamondback Energy.

If you own Energen 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) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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