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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Penn Virginia Corp.

PRNewswire 29-Oct-2018 11:38 AM

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Penn Virginia Corp.

PR Newswire

NEW YORK, Oct. 29, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Penn Virginia Corp. (NASDAQ:PVAC) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Denbury Resources Inc. (NYSE:DNR). Stockholders will receive $25.86 and 12.40 shares of Denbury Resources common stock for each share of Penn Virginia Corp. stock that they hold. The transaction is valued at approximately $1.7 billion and is expected to close in the first quarter of 2019.

If you are a stockholder of Penn Virginia Corp. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/pvac. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com

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SOURCE Rowley Law PLLC

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