Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Boots & Coots, Inc.
12 Abril 2010 - 4:36PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
Boots & Coots, Inc. (“Boots & Coots” or the “Company”)
(NYSE:WEL) related to the Company’s agreement to be acquired by
Halliburton Company (“Halliburton”) in a proposed cash-and-stock
transaction. The deal is valued at approximately $232 million.
Under the terms of the definitive merger agreement entered into
by the parties, Boots & Coots stockholders will receive $1.73
in cash and $1.27 in Halliburton common stock, for each share of
Boots & Coots stock they own. The merger is expected to be
completed by the summer of 2010. The investigation concerns
possible breaches of fiduciary duty and other violations of law
related to approval of the transaction by Boots & Coots’ board
of directors.
If you own shares of Boots & Coots, if you have information
or would like to learn more about these claims, or if you wish to
discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
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