STEVENSON, Md., Aug. 28, 2015 /PRNewswire/ -- The securities
litigation law firm of Brower Piven, A Professional Corporation,
has commenced an investigation into possible breaches of fiduciary
duty and other violations of state law by the Board of Directors of
Cameron International Corporation ("Cameron" or the "Company")
(NYSE: CAM) relating to the proposed buyout of the Company by
Schlumberger Limited.
Under the terms of the transaction, Cameron shareholders are
anticipated to receive 0.716 shares of Schlumberger common stock
and $14.44 in cash for each share of
Cameron common stock held. The firm's investigation seeks to
determine, among other things, whether the Company's Board of
Directors failed to satisfy their duties to shareholders, including
whether the Board adequately pursued alternatives to the
acquisition and whether the Board obtained the best price possible
for the Company's shares of common stock.
If you currently own common stock of Cameron and believe that
the proposed buyout price is too low, or you would like to learn
more about the investigation being conducted by Brower Piven,
please visit our website at
http://www.browerpiven.com/currentinvestigations.html. You
may also request more information by contacting Brower Piven either
by email at hoffman@browerpiven.com or by telephone at (410)
415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
CONTACT:
Charles J. Piven / Brower Piven, A
Professional Corporation
1925 Old Valley Road / Stevenson,
Maryland 21153
Telephone: 410-415-6616 / hoffman@browerpiven.com
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SOURCE Brower Piven, A Professional Corporation