NEW YORK, NY / ACCESSWIRE / April 15, 2019 / The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Anadarko Petroleum Corporation ("Anadarko" or the "Company") (NYSE: APC) stock prior to April 12, 2019.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Anadarko to Chevron Corporation (CVX). Under the terms of the transaction, Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in cash for each Anadarko share they own, representing an approximate value of $65 per share. To learn more about the action and your rights, go to:
https://www.zlk.com/mna/anadarko-petroleum-corporation-2
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The Anadarko merger investigation concerns whether the Board of Anadarko breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Chevron is underpaying for Anadarko shares, thus unlawfully harming Anadarko shareholders.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP