Harwood Feffer LLP Announces Investigation of Atwood Oceanics, Inc.

NEW YORK, May 30, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Atwood Oceanics, Inc. ("Atwood" or the "Company") (NYSE: ATW) concerning the proposed acquisition of the Company by Ensco plc ("Ensco").

Under the terms of the offer, Ensco would acquire Atwood in a merger valued at approximately $839 million.  Pursuant to the terms of the transaction, common shareholders of Atwood will receive 1.6 shares of Ensco per share of Atwood owned, a value of approximately $10.29. 

Our investigation concerns whether the Atwood board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Atwood shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: [phone]
[phone]
Email:  [e-mail]
Website:   http://www.hfesq.com 
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

 

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