(LFG): Johnson Fistel Investigates Proposed Sale of Archaea Energy Inc.; Are Shareholders ...
Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Archaea Energy Inc. (NYSE: LFG) breached their fiduciary duties in connection with the proposed sale of the Company to BP plc (NYSE: BP)
By Johnson Fistel, LLP
Published - Nov 24, 2022, 01:06 PM ET
Last Updated - Jun 19, 2024, 04:39 AM EDT
SAN DIEGO, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Archaea Energy Inc. (NYSE: LFG) breached their fiduciary duties in connection with the proposed sale of the Company to BP plc (NYSE: BP).
On October 17, 2022, Archaea Energy announced it will be acquired by BP plc in an all-cash transaction. Under the agreement terms, BP plc will acquire the company for $26 per share.
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