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Levi & Korsinsky, LLP Investigates Grey Wolf, Inc |
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Written by PrimeNewsWire
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Wednesday, 27 August 2008 |
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New York, New York - Levi & Korsinsky announces an investigation on the proposed acquisition of Grey Wolf, Inc. ("GW" or the "Company") (AMEX:GW).
On August 25, 2008, GW announced that it has entered into a definitive merger agreement with Precision Drilling Trust ("Precission"). Under the terms of the proposal, GW's shareholders would receive $5 cash and 0.188 Precision shares for every GW share they own, which represents a mere 4.8 percent premium over GW's closing price of August 22, 2008. The proposed acquisition is subject to customary conditions and regulatory approvals the acquisition. If you own common stock in GW and wish to obtain additional information please contact us at the number listed below or visit http://www.zlk.com/greywolf.html
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.
CONTACT: Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
Juan E. Monteverde, Esq.
(212) 363-7500
Fax: (212) 363-7171
www.zlk.com
39 Broadway, Suite 1601
New York, NY 10006 |
