Shareholder Alert: Ademi LLP investigates whether Diamond Offshore Drilling, Inc. has obtained a Fair Price for its Public Shareholders

In the transaction, Diamond shareholders will receive only 0.2316 shares of Noble, plus cash consideration of $5.65 per share for each share of Diamond stock. Upon closing, Diamond shareholders will own approximately 14.5% of Noble's outstanding shares. The transaction agreement unreasonably limits competing transactions for Diamond by imposing a significant penalty if Diamond accepts a competing bid. Diamond insiders will receive substantial benefits as part of change of control arrangements. Contacts MILW ...