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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Energy XXI Gulf Coast Inc (NASDAQ: EGC) acted responsibly on behalf of investors’ profitability in the planned sale to Cox Oil.
On June 18, 2018, Energy XXI Gulf Coast Inc (NASDAQ: EGC) and Cox Oil announced that they had entered into a merger agreement. Under the terms of the merger agreement, Cox will offer Energy XXI shareholders $9.10 per share in cash for all outstanding shares.
Based in Houston, Texas, and founded in 2006 Energy XXI Gulf Coast Inc engages in the acquisition, development, exploitation, and operation of oil and natural gas properties in the United States Gulf Coast region.
The investigation focuses on whether NASDAQ: EGC investors received the highest price and whether the directors of Energy XXI Gulf Coast Inc acted in the best interest of Energy XXI Gulf Coast Inc company and its shareholders.
If you purchased Energy XXI Gulf Coast Inc (NASDAQ: EGC) prior to June 18, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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