NEW YORK, Oct. 30, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against WildHorse Resource Development Corporation ("WildHorse;" NYSE: WRD) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Chesapeake Energy Corporation (NYSE: CHK). Stockholders will receive either 5.989 shares of Chesapeake Energy common stock or $3.00 and 5.336 shares of Chesapeake Energy common stock for each share of WildHorse stock that they hold. The transaction is valued at approximately $3.977 billion (including debt) and is expected to close in the first half of 2019.

If you are a stockholder of WildHorse and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/wildhorse. 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.

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SOURCE Rowley Law PLLC

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