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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Resolute Energy Corporation (NYSE: REN) acted responsibly on behalf of investors’ profitability in the planned $1.6 billion sale to Cimarex Energy Co (NYSE: XEC).
On November 19, 2018, Resolute Energy Corporation (NYSE: REN) and Cimarex Energy Co (NYSE: XEC) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Resolute Energy Corporation shareholders will have the right to receive 0.3943 shares of Cimarex common stock, $35 per share in cash, or a combination of $14 per share in cash and 0.2366 share of common stock.
Based in Denver, Colorado, and founded in 2004 Resolute Energy Corporation an independent oil and gas company, engages in the acquisition, exploitation, exploration for, and development of oil and gas properties in the United States.
The investigation focuses on whether NYSE: REN investors received the highest price and whether the directors of Resolute Energy Corporation acted in the best interest of Resolute Energy Corporation company and its shareholders.
If you purchased Resolute Energy Corporation (NYSE: REN) prior to November 19, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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