|Company name||Resolute Energy Corporation|
NEW YORK, November 19, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Resolute Energy Corporation (NYSE: REN) on behalf of stockholders concerning the proposed acquisition of the company by Cimarex Energy Co. (NYSE: XEC).
Pursuant to the proposed transaction, announced on November 19, 2018 and valued at $1.6 billion, Resolute stockholders will receive $14.00 in cash and 0.2366 shares of Cimarex for each share of Resolute common stock owned. The investigation focuses on whether Resolute and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Resolute 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 Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.