ADAMS RESOURCES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Adams Resources & Energy, Inc. - AE https://t.co/iwxwlhGfZf https://t.co/cLuEwKIJBj
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Adams Resources & Energy, Inc. is set to be acquired by an affiliate of Tres Energy LLC in an all-cash transaction valued at $138.9 million. The deal represents a 39% premium over the company's recent stock price, raising questions among shareholders regarding the fairness of the acquisition price. Law firm Ademi LLP has initiated an investigation to determine if the shareholders are receiving a fair deal. This acquisition is part of a broader trend of mergers and acquisitions in the oil and gas sector, highlighted by Coterra Energy's recent announcement to purchase oil and gas assets for $3.95 billion.