NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, P.A. announces that it is investigating the Board of Directors of Apco Oil & Gas International Inc. (NASDAQ:APAGF) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Apco Oil & Gas to maximize shareholder value before agreeing to be acquired by Pluspetrol Resources Corporation.
If you would like to join the action, go to http://rosenlegal.com/cases-385.html or contact Phillip Kim or Kevin Chan, toll-free at 866-767-3653, or via e-mail at firstname.lastname@example.org or email@example.com. There is no cost or obligation to you.
Under the terms of the proposed transaction, shareholders will receive $14.50 in cash for each share of Apco Oil & Gas they own. The proposed transaction is valued at approximately $427 million. The investigation relates to whether the proposal for $14.50 in cash per share is fair to public shareholders and whether Apco Oil & Gas’ Board breached its fiduciary duties in connection with the proposed sale.
If you currently own shares of Apco Oil & Gas and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-385.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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