• Dienstag, 13 Mai 2025
  • 12:36 Frankfurt
  • 11:36 London
  • 06:36 New York
  • 06:36 Toronto
  • 03:36 Vancouver
  • 20:36 Sydney

Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Union Drilling, Inc.

13.10.2012  |  Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Union Drilling, Inc. ('Union Drilling' or the 'Company') (NASDAQ: UDRL) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Sidewinder Drilling Inc., Houston-based land drilling company controlled by Avista Capital Partners, in an all-cash deal valued at about $242 million. Under the terms of the proposed transaction, Union Drilling stockholders will receive approximately $6.50 in cash for each share of Union Drilling they own. The proposed transaction is structured as a tender offer and may be effectuated without a shareholder vote.

Request more information now by clicking here: www.faruqilaw.com/UDRL. There is no cost or obligation to you.

The investigation focuses on whether Union Drilling′s Board of Directors breached their fiduciary duties to the Company′s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Union Drilling′s shares and by how much this proposed transaction undervalues the Company to the detriment of Union Drilling′s shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm′s clients.

If you own common stock in Union Drilling and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/UDRL or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.



Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



© 2007 - 2025 Rohstoff-Welt.de ist ein Mitglied der GoldSeiten Mediengruppe
Es wird keinerlei Haftung für die Richtigkeit der Angaben übernommen! Alle Angaben ohne Gewähr!
Kursdaten: Data Supplied by BSB-Software.de (mind. 15 min zeitverzögert)