SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SUM, PXD, CNSL
NEW YORK, Oct. 23, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Summit Materials, Inc. (NYSE: SUM)'s merger with Cementos Argos S.A. Under the terms of the agreement, Cementos will receive approximately 54.7 million shares of Summit stock and approximately $1.2 billion in cash, subject to closing adjustments. Upon closing of the proposed transaction, Cementos will own approximately 31% of the combined company on a fully diluted basis. If you are a Summit shareholder, click here to learn more about your rights and options.
Pioneer Natural Resources Company (NYSE: PXD)'s sale to Exxon Mobil Corporation for 2.3234 shares of Exxon Mobil for each Pioneer share. If you are a Pioneer shareholder, click here to learn more about your rights and options.
Consolidated Communications Holdings, Inc. (NASDAQ: CNSL)'s sale to affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation for $4.70 per share in cash. If you are a Consolidated Communications shareholder, click here to learn more about your rights and options.
Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP
