NEW
YORK, Feb. 28, 2023 /PRNewswire/ -- Rowley Law
PLLC is investigating potential securities law violations by Ranger
Oil Corporation (NASDAQ: ROCC) and its board of directors
concerning the proposed acquisition of the company by Baytex Energy
Corp. (NYSE: BTE). Stockholders will receive $13.31 in cash and 7.49 shares of Baytex Energy
common stock for each share of Ranger Oil stock that they hold.
Ranger Oil stockholders are expected to own approximately 37% of
the combined company. The transaction is expected to close in the
second quarter of 2023.
If you are a stockholder of Ranger Oil Corporation and are
interested in obtaining additional information regarding this
investigation, please visit us
at: http://www.rowleylawpllc.com/investigation/rocc/. You may
also contact Shane Rowley, Esq. at
Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at
info@rowleylawpllc.com, or by telephone at 914-400-1920 or
844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class
actions and derivative lawsuits in complex corporate litigation.
For more information about the firm and its attorneys, please visit
http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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SOURCE Rowley Law PLLC