Wolf Haldenstein Investigating Mariner Energy, Inc. Board
April 15 2010 - 10:51AM
Business Wire
Attorney Advertising. The law firm of Wolf Haldenstein Adler
Freeman & Herz LLP is investigating possible breaches of
fiduciary duty by the Board of Directors of Mariner Energy, Inc.
(“Mariner” or the “Company”) [NYSE:ME] arising out of the proposed
merger agreement between Mariner and Apache Corporation
(“Apache”).
On Thursday, April 15, 2010, Apache and Mariner announced that
the two companies have entered into a merger agreement. Under the
terms of the agreement, Mariner stockholders will receive cash of
$7.80 and 0.17043 of a share of Apache common stock in exchange for
each share of Mariner common stock. Apache may be underpaying for
Mariner, thus unlawfully harming Mariner shareholders.
Wolf Haldenstein has been representing individual and
institutional investors for many years, serving as lead counsel in
numerous cases in U.S. federal and state courts. Please visit the
Wolf Haldenstein website (http://www.whafh.com) for more
information about the firm.
If you own Mariner common stock and you wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Gustavo Bruckner or Derek
Behnke
Wolf Haldenstein Adler Freeman & Herz LLP 270 Madison Avenue
New York, New York 10016 Phone Numbers: (800) 575-0735 (212)
545-4600 Email:
bruckner@whafh.com
Classmember@whafh.com
Website:
http://www.whafh.com
Attorney Advertising. Prior Results Do Not Guarantee A Similar
Outcome.
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