NEW YORK, May 30, 2017 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of Atwood Oceanics, Inc. ("Atwood" or the "Company") (NYSE: ATW)
concerning the proposed acquisition of the Company by Ensco plc
("Ensco").
Under the terms of the offer, Ensco would acquire Atwood in a merger valued at approximately
$839 million. Pursuant to the
terms of the transaction, common shareholders of Atwood will receive 1.6 shares of Ensco per
share of Atwood owned, a value of
approximately $10.29.
Our investigation concerns whether the Atwood board of directors is fulfilling its
fiduciary duties, maximizing the value of the Company, disclosing
all material benefits and costs, and obtaining full and fair
consideration for Company stockholders.
If you own Atwood shares and
wish to discuss this matter with us, or have any questions
concerning your rights and interests with regard to this matter,
please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the
firm.
Attorney Advertising. The law firm responsible for this
advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results
do not guarantee or predict a similar outcome with respect to any
future matter.
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SOURCE Harwood Feffer LLP