We Give Shareholders a Voice
Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of RSP Permian, Inc. (NYSE: RSPP) to Concho Resources Inc. (NYSE: CXO) for 0.320 shares of Concho per RSP Permian share. Based on the closing price of Concho Resources on March 27, 2018, this represents $50.24 per share.
The investigation concerns whether the Board of RSP Permian breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Concho Resources Inc. is underpaying for RSP Permian shares, thus unlawfully harming RSP Permian shareholders.
To receive more information, please fill out the form.