CPX Complete Production Services Complete Production Services Common Stock

Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of Complete Production Services, Inc. (“Complete Production” or the “Company”) (NYSE:CPX) related to the proposed acquisition of the Company by Superior Energy Services, Inc. The transaction is valued at approximately $2.6 billion. Shareholders of Complete Production will receive 0.94 common shares of Superior and $7 in cash for each share they own.

The investigation concerns whether the Board of Directors of Complete Production breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Its share price has sky rocketed from $23.35 on October 12, 2010 to $41.70 on July 25, 2011. Further, at least one analyst has set a target price for the Company’s stock at $55.00.

If you are a shareholder of Complete Production, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

Grafico Azioni Complete Production Services Complete Production Services Common Stock (NYSE:CPX)
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Da Apr 2024 a Mag 2024

Grafico Azioni Complete Production Services Complete Production Services Common Stock (NYSE:CPX)
Storico
Da Mag 2023 a Mag 2024