BRNC Bronco Drilling Company, Inc. (MM)

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Bronco Drilling Company, Inc. (“Bronco” or the “Company”) (Nasdaq: BRNC) concerning the proposed acquisition of the Company by Chesapeake Energy Corp. Under the terms of the offer, Bronco common shareholders will receive $11.00 in cash for each share they own in a transaction valued at approximately $315 million. The transaction is expected to close in the second quarter of 2011.

The investigation is focused on the potential unfairness of the consideration to Bronco shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among Bronco Board members. The offer price is only a 6% premium to the Company’s closing price on the day preceding the announcement, and the Company’s shares traded as high as $11.63 as recently as March 31, 2011. Moreover, according to Yahoo! finance at least one analyst set a price target of $13.50 per share.

If you are interested in discussing your rights as a Bronco shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

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