NEW YORK, Dec. 21, 2020 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by QEP Resources (NYSE: QEP) and its board of directors concerning the proposed acquisition of the company by Diamondback Energy, Inc. (NASDAQ: FANG). Stockholders will receive 0.05 shares of Diamondback Energy common stock for each share of QEP Resources stock that they hold. The transaction is valued at approximately $2.2 billion and is expected to close in the first or second quarter of 2021.
If you are a stockholder of QEP Resources and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/qep/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], 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.
SOURCE Rowley Law PLLC