EXTRACTION OIL & GAS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Extraction Oil & Gas, Inc. - XOG

b'Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Wednesday, May 12, 2021
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Tags: 
Legal, Professional services, Foti, XOG, KSF, New Orleans, LOUISIANA
Geotags: 
United States, LOUISIANA, BONANZA
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Summary
Key Points: 
  • b'Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
  • and the law firm of Kahn Swick & Foti, LLC (\xe2\x80\x9cKSF\xe2\x80\x9d) are investigating the proposed merger of Extraction Oil & Gas, Inc. (NasdaqGS: XOG) (the \xe2\x80\x9cCompany\xe2\x80\x9d) with Bonanza Creek Energy, Inc. (NYSE: BCEI).
  • Under the terms of the proposed transaction, shareholders of Extraction will receive only 1.1711 shares of Bonanza for each share of Extraction that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.\nIf you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( [email protected] ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-xog/ to learn more.\nTo learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210512006039/en/\n'


Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Extraction Oil & Gas, Inc. (NasdaqGS: XOG) (the “Company”) with Bonanza Creek Energy, Inc. (NYSE: BCEI). Under the terms of the proposed transaction, shareholders of Extraction will receive only 1.1711 shares of Bonanza for each share of Extraction that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-xog/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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