Dresser-Rand Group Inc. Stockholders Encouraged to Contact Securities Law Firm about Takeover

NEW YORK, Sept. 25, 2014 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating the board of Dresser-Rand Group Inc. (NYSE MKT: DRC) in connection with the sale of Dresser-Rand to Siemens AG. Concerned DRC investors are encouraged to contact attorney Hamilton Lindley by clicking here.

Under the terms of the agreement, Dresser-Rand shareholders will receive $83.00 in cash for each share of stock they own with additional per share cash consideration of $0.55 that shall be applied on the first day of each month beginning on March 1, 2015, until the closing of the proposed acquisition happens. However, an analyst recently set a target price at $100.00 per share. The law firm's investigation concerns possible breaches of the Board of Dresser-Rand for not acting in their shareholders' best interests and whether Siemens AG is underpaying for Dresser-Rand shares.

Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. DRC stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/DRC.   

SOURCE Dunnam & Dunnam