Core Viewpoint - The proposed sale of SilverBow Resources, Inc. to Crescent Energy Company is under investigation to assess whether the transaction adequately values SilverBow and the process leading to this valuation [1]. Group 1: Transaction Details - Shareholders of SilverBow will receive 3.125 shares of Crescent Class A common stock for each share of SilverBow [1]. - There is an option for shareholders to elect to receive all or a portion of the proceeds in cash at a value of $38 per share, with a maximum total cash consideration of $400 million [1]. Group 2: Legal Investigation - Kahn Swick & Foti, LLC is investigating the proposed sale to determine if the consideration is adequate or if it undervalues SilverBow [1]. - The firm is inviting shareholders who believe the transaction undervalues the company to discuss their legal rights regarding the proposed sale [2].
SILVERBOW RESOURCES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SilverBow Resources, Inc. - SBOW