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Apco Oil & Gas International Inc.

(NasdaqCM: APAGF)


APCO OIL & GAS INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Apco Oil & Gas International Inc. Over the Proposed Sale of the Company to Pluspetrol Resources Corporation

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Apco Oil & Gas International Inc. (“Apco” or the “Company”) (NasdaqCM: APAGF) for potential breaches of fiduciary duties in connection with the sale of the Company to Pluspetrol Resources Corporation for approximately $427 million.  The Company’s stockholders will only receive $14.50 in cash per each Apco share.

The investigation focuses on whether Apco’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 proposed transaction undervalues the Company to the detriment of Apco’s shareholders.

If you own common stock in Apco and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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    Apco Oil & Gas International Inc.

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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Case Details


  • 10/10/2014

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