Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of NexTier Oilfield Solutions Inc. (NYSE: NEX) to Patterson-UTI Energy, Inc. for 0.7520 shares of Patterson-UTI common stock for each share of NexTier common stock is fair to NexTier shareholders. Upon closing of the transaction, NexTier shareholders will own approximately 45% of the combined company.
Halper Sadeh encourages NexTier shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The investigation concerns whether NexTier and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for NexTier shareholders; (2) determine whether Patterson-UTI is underpaying for NexTier; and (3) disclose all material information necessary for NexTier shareholders to adequately assess and value the merger consideration. On behalf of NexTier shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages NexTier shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230615089443/en/
Contacts
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
