Kendall Law Group, led by former federal judge Joe Kendall, is investigating GeoResources, Inc. (NASDAQ: GEOI) for shareholders in connection with the proposed acquisition by Halcón Resources Corporation. The national securities firm’s investigation seeks to determine whether GeoResources and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a GeoResources shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at investor@kendalllawgroup.com.

On April 25, 2012, the companies announced the definitive merger agreement under which GeoResources would be acquired by Halcón Resources, in a transaction valued at approximately $973 million. Under the terms of the agreement, GeoResources stockholders will receive $20 in cash and 1.932 shares of Halcón Resources (NYSE: HK) for each share of GeoResources/GEOI common stock held. According to Thompson/First Call, at least one analyst has set a price target of $43.00 per share for GeoResources’ stock. The firm’s investigation seeks to determine whether GeoResources and its Board undertook a fair process in negotiating the deal.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.

Georesources (NASDAQ:GEOI)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Georesources.
Georesources (NASDAQ:GEOI)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Georesources.