NEW YORK, Aug. 16, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
KMG Chemicals, Inc. (NYSE: KMG)
Merger Announcement: August 15, 2018
Transaction Details: KMG will be purchased by Cabot Microelectronics Corporation (NASDAQGS: CCMP). Under the terms of the transaction, KMG shareholders will receive $55.65 in cash and 0.2000 of a share of Cabot Microelectronics common stock for each KMG share they own. This represents a value of approximately $79.50 per share.
To learn more about the action and your rights, go to: http://www.zlk.com/mna/kmg-chemicals-inc.
Energen Corporation (NYSE: EGN)
Merger Announcement: August 14, 2018
Transaction Details: Energen will be purchased by Diamondback Energy, Inc. (NASDAQ: FANG). Under the terms of the transaction, Energen shareholders will receive 0.6442 shares of Diamondback common stock for each share of Energen common stock they own. This represents a value of approximately $84.95 per share.
To learn more about the action and your rights, go to: http://www.zlk.com/mna/energen-corporation.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
jlevi@levikorsinsky.com
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com