NEW YORK, Oct. 19, 2020 /PRNewswire/ -- Rowley Law
PLLC is investigating potential securities law violations by Concho
Resources (NYSE: CXO) and its board of directors concerning the
proposed acquisition of the company by ConocoPhillips (NYSE: COP).
Stockholders will receive 1.46 shares of ConocoPhillips common
stock for each share of Concho Resources stock that they hold. The
transaction is valued at approximately $9.7
billion and is expected to close in the first quarter of
2021.
If you are a stockholder of Concho Resources and are interested
in obtaining additional information regarding this investigation,
please visit us
at: http://www.rowleylawpllc.com/investigation/cxo/. You may
also contact Shane Rowley, Esq. at
Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at
info@rowleylawpllc.com, or by telephone at 914-400-1920 or
844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class
actions and derivative lawsuits in complex corporate litigation.
For more information about the firm and its attorneys, please visit
http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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SOURCE Rowley Law PLLC