NEW YORK, Oct. 29, 2018 /PRNewswire/ -- Rowley Law
PLLC is investigating potential claims against Penn Virginia Corp.
(NASDAQ: PVAC) and its board of directors for breach of fiduciary
duty concerning the proposed acquisition of the company by Denbury
Resources Inc. (NYSE: DNR). Stockholders will receive $25.86 and 12.40 shares of Denbury Resources
common stock for each share of Penn Virginia Corp. stock that they
hold. The transaction is valued at approximately $1.7 billion and is expected to close in the
first quarter of 2019.
If you are a stockholder of Penn Virginia Corp. and are
interested in obtaining additional information regarding this
investigation, please visit us at:
http://www.rowleylawpllc.com/investigation/pvac. You may also
contact Shane Rowley, Esq. at Rowley
Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at
info@rowleylawpllc.com, or by telephone at 914-400-1920 or
844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class
actions and derivative lawsuits in complex corporate litigation.
For more information about the firm and its attorneys, please visit
http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
View original
content:http://www.prnewswire.com/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-penn-virginia-corp-300739449.html
SOURCE Rowley Law PLLC