WILMINGTON, DE / ACCESSWIRE / July 16, 2019 / Rigrodsky & Long, P.A.:
- Do you own shares of Carrizo Oil & Gas, Inc. (NASDAQ GS: CRZO)?
- Did you purchase any of your shares prior to July 15, 2019?
- Do you think the proposed merger is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Carrizo Oil & Gas, Inc. (“Carrizo” or the “Company”) (NASDAQ GS: CRZO) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Callon Petroleum Company (“Callon”) (NYSE: CPE) in a transaction valued at approximately $3.2 billion. Under the terms of the agreement, shareholders of Carrizo will receive 2.05 shares of Callon for each share of Carrizo common stock. Following the closing of the transaction, Callon shareholders will own approximately 54% of the combined company and Carrizo shareholders will own approximately 46%.
If you own common stock of Carrizo and purchased any shares before July 15, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at [email protected], or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE: Rigrodsky & Long, P.A.