Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of APA Corporation (NASDAQ: APA) and Callon Petroleum Company is fair to APA shareholders. Under the terms of the proposed transaction, each share of Callon common stock will be exchanged for a fixed ratio of 1.0425 shares of APA common stock. Upon closing of the proposed transaction, existing APA shareholders are expected to own approximately 81% of the combined company.
Halper Sadeh encourages APA shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
The investigation concerns whether APA and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for APA shareholders; and (2) disclose all material information necessary for APA shareholders to adequately assess and value the merger consideration. On behalf of APA shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages APA shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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