MERGER ALERT - DVN, BLDR, and MCAC: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these Companies
>NEW YORK, October 2, 2020 - The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
Devon Energy Corp. (NYSE:DVN)
Merger Announcement: September 28, 2020
Transaction Details: Under the terms of the agreement, WPX shareholders will receive a fixed exchange ratio of 0.5165 shares of Devon common stock for each share of WPX common stock owned.
To learn more about the DVN investigation and your rights, go to:
https://www.zlk.com/mna2/devon-energy-corporation-information-request-form
Builders FirstSource, Inc. (NASDAQ:BLDR)
Merger Announcement: August 27, 2020
Transaction Details: Under the terms of the merger, with BMC Stock Holdings, Inc. ("BMC") shareholders will receive a fixed exchange ratio of 1.3125 shares of Builders FirstSource common stock for each share of BMC common stock. Upon completion of the merger, existing Builders FirstSource shareholders will own approximately 57% and existing BMC shareholders will own approximately 43% of the combined company on a fully diluted basis.
To learn more about the BLDR investigation and your rights, go to:
https://www.zlk.com/mna2/builders-firstsource-inc-information-request-form
Mountain Crest Acquisition Corp (NASDAQ: MCAC)
Transaction Announcement: October 1, 2020
Transaction Details: The terms of the proposed transaction leave the public investors of Mountain Crest with only 17.5% ownership of the combined company.
To learn more about the MCAC investigation and your rights, go to:
https://www.zlk.com/mna2/mountain-crest-acquisition-corp-information-request-form
Levi & Korsinsky is a nationally recognized 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.
jlevi@levikorsinsky.com
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP
