This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Brigham Exploration Company (NASDAQ: BEXP) (referred to as "Brigham" or the “Company”) to Statoil ASA (“Statoil”) in a cash transaction valued at approximately $4.4 billion.
Under the terms of the agreement, Statoil will acquire Brigham for $36.50 per share in cash by means of an all-cash tender offer for all of the issued and outstanding shares of Brigham. The tender offer is expected to commence by October 31, 2011.