NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Andeavor (NYSE: ANDV) stockholders concerning the proposed acquisition of the company by Marathon Petroleum Corp. (NYSE: MPC).
Our investigation concerns whether Andeavor’s board of directors failed to adequately shop the Company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Marathon. Under the terms of the agreement, Andeavor stockholders will have the option to choose 1.87 shares of MPC stock, or $152.27 in cash subject to a proration mechanism that will result in 15 percent of ANDV's fully diluted shares receiving cash consideration.
If you own Andeavor shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation of Andeavor, please go to http://www.bespc.com/andeavor. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.