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SAN DIEGO--(BUSINESS WIRE)--Nov 23, 2022--
Shareholder rights law firm Robbins LLP informs investors it is investigating the acquisition of Archaea Energy Inc. (NYSE: LFG) by BP p.l.c (NYSE: BP). Under the terms of the agreement, Archaea stockholders will receive $26.00 in cash for each share of Archaea common stock owned.
If you own shares of Archaea Energy Inc., click here.
Is the Proposed Acquisition Best for Archaea Energy Inc. (LFG) and Its Shareholders?
According to the Proxy Statement, Archaea's board approved a merger agreement with BP p.l.c for $26.00 per share in cash. The deal is valued at approximately $4.1 billion and is expected to close at the end of 2022. Robbins LLP is concerned that Archaea's board of directors engaged in an unfair process and agreed to an unfair amount to be paid to shareholders.
Next Steps: If you own shares of Archaea Energy Inc. (LFG) you have legal options. Contact us to learn more about your legal rights.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
Contact us to learn more:
Aaron Dumas
(800) 350-6003
adumas@robbinsllp.com
Shareholder Information Form
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. To be notified if a class action against Archaea Energy Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
Attorney Advertising. Past results do not guarantee a similar outcome.
View source version on businesswire.com:https://www.businesswire.com/news/home/20221123005466/en/
CONTACT: Aaron Dumas
Robbins LLP
5060 Shoreham Place, Suite 300
San Diego, CA 92122
adumas@robbinsllp.com
(800) 350-6003
www.robbinsllp.com
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL
SOURCE: Robbins LLP
Copyright Business Wire 2022.
PUB: 11/23/2022 03:06 PM/DISC: 11/23/2022 03:06 PM
http://www.businesswire.com/news/home/20221123005466/en