Engel Law PLLC is investigating whether fair value to PDC Energy, Inc. (NASDAQ: PDCE) shareholders will result from the proposed acquisition of PDC by Chevron Corporation, pursuant to which PDC stockholders will receive 0.4638 shares of Chevron for each PDC share.
The Firm’s investigation concerns:
(i) whether the Company’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction;
(ii) whether the merger consideration adequately compensates the Company’s shareholders; and
(iii) whether all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.