Faruqi & Faruqi, LLP Announces the Investigation of Cameron International Corporation (CAM) Over the Proposed Sale of the Company to Schlumberger Limited
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
If you own common stock in Cameron and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330..
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Faruqi & Faruqi, LLP
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Tel: (212) 983-9330
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