Robbins Umeda LLP Announces an Investigation of the Acquisition of Boots & Coots, Inc. by Halliburton Co.
12 Avril 2010 - 9:44PM
Business Wire
Robbins Umeda LLP has commenced an investigation into possible
breaches of fiduciary duty and other violations of state law by the
Board of Directors of Boots & Coots, Inc. ("Boots & Coots")
(NYSE Amex: WEL) in connection with their actions in causing Boots
& Coots to enter into a definitive merger agreement with
Halliburton Co. ("Halliburton") (NYSE: HAL). If the transaction is
approved, Boots & Coots shareholders will receive $3.00 per
share, comprised of $1.73 in cash and $1.27 in Halliburton common
stock (together with any cash in lieu of fractional shares) for
each share of Boots & Coots common stock they own. The
companies expect that the transaction will close during the summer
of 2010.
Robbins Umeda LLP's investigation concerns whether Boots &
Coots' Board of Director's acceptance and recommendation of
Halliburton's offer was pursuant to a fair process and designed to
secure the best possible price for all of Boots & Coots'
shareholders.
If you are a shareholder of Boots & Coots and would like
more information about your rights as a shareholder, please contact
attorney Lauren Levi at 800-350-6003 or by e-mail at
llevi@robbinsumeda.com.
Robbins Umeda LLP is a California-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please go to http://www.robbinsumeda.com.
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