Skip to Content

Stone Energy Corporation (NYSE: SGY)

Merger

Overview
  • Date:
  • 11/22/2017
  • Company Name:
  • Stone Energy Corporation
  • Stock Symbol:
  • SGY
  • Company Name - Buyer:
  • Talos Energy
  • Status:
  • Closed/Complete

Case Finder

Locate any case using the tools below.

NEW YORK, November 22, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Stone Energy Corporation (NYSE: SGY) stockholders concerning the proposed acquisition of the company by Talos Energy LLC.

Our investigation concerns whether Stone Energy’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 Talos Energy.  Under the terms of the agreement, each outstanding share of Stone Energy common stock will be exchanged for one share of Talos Energy, and upon completion of the transaction, Talos Energy stakeholders will own 63% of the combined company, with Stone Energy stockholders owning the remaining 37%.

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 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.

Case Finder

Locate any case using the tools below.

You may share a link to this page on any of the sites listed below or send link via email: