Apco Oil & Gas International Inc. (APAGF) announced it has entered into a definitive agreement with Pluspetrol Resources Corporation under which Pluspetrol Resources Corporation will acquire all outstanding shares of Apco Oil for $427 million. Apco Oil stockholders will only receive $14.50 in cash per each Apco share.
State security laws provide shareholders a no cost means to question a proposed sale of a publicly traded company. This review process is deemed a shareholder class action and affords at times shareholders an avenue to investigate fully the proposed transaction. At minimum, this process often obtains answers to the above questions. If you own the common stock of Apco Oil and if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please fill out the contact form on this web page.