NEW YORK, Aug. 31, 2015 /PRNewswire/ – Faruqi & Faruqi,
LLP, a leading national securities firm headquartered in
New York City, is investigating
the Board of Directors of Cameron International Corporation
("Cameron" or the "Company")
(NYSE:CAM) for potential breaches of fiduciary duties in connection
with the sale of the Company for approximately $14.8 billion in a cash and stock.
The Company's stockholders will only receive 0.716 shares of the
Schlumberger common stock and $14.44
in cash for each Cameron share, or
$67.54 per share in August 28, 2015 prices. However, the offer is
significantly lower than the 52-week high and at least one
analyst's estimated value of $76.00
per share
Click here for more information: www.faruqilaw.com/CAM.
There is no cost or obligation to you.
The investigation focuses on whether Cameron's Board of Directors breached their
fiduciary duties to the Company's stockholders by failing to
conduct a fair sales process and whether and by how much this
transaction undervalues the Company to the detriment of
Cameron's shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The
firm is focused on providing exemplary legal services in complex
litigation in the areas of securities, shareholder, antitrust and
consumer litigation, throughout all phases of litigation. The
firm has an experienced trial team which has achieved significant
victories on behalf of the firm's clients. To keep track of the
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If you own common stock in Cameron and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/CAM.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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