MERGER ALERT – EGN, NAVG and RLJE: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
NEW YORK, Sept. 05, 2018 (GLOBE NEWSWIRE) -- 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.
Energen Corporation (NYSE: EGN) Merger Announcement: August 14, 2018 Transaction Details: Energen will be purchased by Diamondback Energy, Inc. (NASDAQ: FANG). Under the terms of the transaction, Energen shareholders will receive 0.6442 shares of Diamondback common stock for each share of Energen common stock they own. This represents a value of approximately $84.95 per share.
The Navigators Group, Inc. (NASDAQGS: NAVG) Merger Announcement: August 2, 2018 Transaction Details: The Navigators Group, Inc. will be purchased by The Hartford for $70 per share.
RLJ Entertainment, Inc. (NASDAQ: RLJE) Merger Announcement: July 30, 2018 Transaction Details: RLJ Entertainment, Inc. will be purchased by AMC Networks Inc. (NASDAQGS: AMCX) for $6.25 per outstanding common share. Holders of the Company’s outstanding preferred stock may elect to receive $7.8125 or a share of preferred stock in the post-merger entity for each share of preferred common stock they own.
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CONTACT:
Levi & Korsinsky, LLP Joseph E. Levi, Esq.
jlevi@levikorsinsky.com 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com