PENN VIRGINIA CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Merger

Business Wire 29-Oct-2018 1:25 PM

Rigrodsky & Long, P.A.:

• Do you own shares of Penn Virginia Corporation (NASDAQ GS: PVAC)?
• Did you purchase any of your shares prior to October 29, 2018?
• Do you think the proposed merger is fair?
• Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Penn Virginia Corporation ("Penn Virginia" or the "Company") (NASDAQ GS: PVAC) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to merge with Denbury Resources Inc. ("Denbury") (NYSE: DNR) in a transaction valued at approximately $1.7 billion. Under the terms of the agreement, shareholders of Penn Virginia will receive 12.4 shares of Denbury common stock and $25.86 of cash for each share of Penn Virginia common stock.

If you own common stock of Penn Virginia and purchased any shares before October 29, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

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