EQUITY ALERT: Rosen Law Firm Announces Investigation of Dawson Geophysical Company Concerning its Proposed Merger with TGC In...
09 Octobre 2014 - 6:55PM
Business Wire
The Rosen Law Firm, P.A. announces that it is investigating the
Board of Directors of Dawson Geophysical Company (NASDAQ: DWSN) for
possible breaches of fiduciary duty and other violations of law by
failing to adequately shop Dawson to maximize shareholder value
before agreeing to merge with TGC Industries, Inc. (NASDAQ:
TGE).
If you would like to join the action, go to
http://rosenlegal.com/cases-395.html or contact Phillip Kim or
Kevin Chan, toll-free at 866-767-3653, or via e-mail at
pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or
obligation to you.
Under the terms of the proposed transaction, TGC will implement
a 1-for-3 reverse stock split, after which shareholders will
receive 1.76 shares of TGC common stock for each share of Dawson
they own. The investigation relates to whether the proposal for
1.76 shares of TGC common stock is fair to public shareholders and
whether Dawson’s Board breached its fiduciary duties in connection
with the proposed sale.
If you currently own shares of Dawson and wish to obtain
additional information, please visit the website at
http://rosenlegal.com/cases-395.html. You may also contact Phillip
Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653
or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
The Rosen Law Firm, P.A.Phillip Kim, Esq.Kevin Chan,
Esq.Laurence Rosen, Esq.275 Madison Avenue, 34th FloorNew York, New
York 10016Tel: 212-686-1060Toll Free: 1-866-767-3653Fax:
212-202-3827pkim@rosenlegal.comkchan@rosenlegal.comlrosen@rosenlegal.comwww.rosenlegal.com
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