Finkelstein Thompson LLP Announces Investigation of Superior Well Services, Inc.
09 Agosto 2010 - 11:34PM
Business Wire
Finkelstein Thompson LLP is investigating potential claims on
behalf of shareholders of Superior Well Services, Inc. (“Superior
Well” or the “Company”) (Nasdaq:SWSI) concerning the proposed
acquisition of the Company by Nabors Industries Ltd. (“Nabors”)
(NYSE:NBR). On August 9, 2010, the Company and Nabors announced
that they have entered into a merger agreement whereby Nabors will
acquire all outstanding shares of Superior in a tender offer for
$22.12 per share in cash.
The investigation is focused on the potential unfairness of the
consideration to Superior Well shareholders, the process by which
the Board of Directors considered the transaction, and potential
conflicts of interests among the Company’s Board members. According
to Yahoo! Finance, at least one analyst has set a target price of
$25.00 for Superior Well stock – almost $3 per share more than the
tender offer price.
If you are interested in discussing your rights as a Superior
Well shareholder, or have information relating to this
investigation, please contact Finkelstein Thompson's Washington, DC
offices at (877) 337-1050 or by email at
contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our
web site at www.finkelsteinthompson.com. Attorney advertising.
Prior results do not guarantee similar outcomes.
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