IMPORTANT ALERT: Halper Sadeh LLC Investigates KDNY, BG, NEX, PTEN

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Jun 25, 2023

NEW YORK, June 25, 2023 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Chinook Therapeutics, Inc. ( KDNY)’s sale to Novartis AG for $40.00 per share in cash. Chinook shareholders will also receive contingent value rights providing for payment of up to $4.00 per share upon the achievement of certain future regulatory milestones with respect to Chinook’s lead product candidate, atrasentan. If you are a Chinook shareholder, click here to learn more about your rights and options.

Bunge Limited (: BG)’s merger with Viterra Limited. If you are a Bunge shareholder, click here to learn more about your rights and options.

NexTier Oilfield Solutions Inc. (: NEX)’s sale to Patterson-UTI Energy, Inc. for 0.7520 shares of Patterson-UTI common stock for each share of NexTier common stock. Upon closing of the transaction, NexTier shareholders will own approximately 45% of the combined company. If you are a NexTier shareholder, click here to learn more about your rights and options.

Patterson-UTI Energy, Inc. ( PTEN)’s merger with NexTier Oilfield Solutions Inc. Under the terms of the agreement, NexTier shareholders will receive 0.7520 shares of Patterson-UTI common stock for each share of NexTier common stock owned. Upon closing of the transaction, Patterson-UTI shareholders will own approximately 55% of the combined company. If you are a Patterson-UTI shareholder, click here to learn more about your rights and options.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected].

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

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