NEW YORK--(BUSINESS WIRE)-- Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Bonanza Creek Energy (NYSE:BCEI) stockholders concerning the proposed acquisition of the company by SandRidge Energy (NYSE: SD).
Our investigation concerns whether Bonanza Creek’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with SandRidge Energy. Under the terms of the agreement, Bonanza Creek stockholders will receive $36.00 for each Bonanza Creek share they own, comprised of $19.20 per share in cash and $16.80 per share in common shares of SandRidge stock.
If you own Bonanza Creek shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation of Bonanza Creek Energy, please go to http://www.bespc.com/bonanza. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.
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Source: Bragar Eagel & Squire, P.C.