Shareholder Alert: Ademi LLP investigates whether Exterran Corporation has obtained a Fair Price in its transaction with Enerflex.
MILWAUKEE, Jan. 24, 2022 /PRNewswire/ -- Ademi LLP is investigating Exterran (NYSE: EXTN) for possible breaches of fiduciary duty and other violations of law in its transaction with Enerflex.
Click here to learn how to join the action: https://www.ademilaw.com/case/exterran-corporation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Exterran's financial outlook and prospects are excellent and yet Exterran shareholders will receive only 1.021 Enerflex common shares for each outstanding share of common stock of Exterran. The merger agreement unreasonably limits competing bids for Exterran by prohibiting solicitation of further bids, and imposing a significant penalty if Exterran accepts a superior bid. Exterran insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Exterran's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Exterran.
If you own Exterran common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/exterran-corporation.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi LLP
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