Lrr Energy L.P. (LRE) 8.43 $LRE
LRE SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of LRR Energy, L.P. of Commencement of an Investigation Regarding the Sale of the Company to Vanguard Natural Resources -- LRE
Business Wire - Wed Apr 22, 4:39PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
Vanguard Natural Resources Takes Advantage Of LRR Energy's Problems To Acquire The Troubled MLP
Tim Plaehn - at Seeking Alpha - Wed Apr 22, 3:46PM CDT
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
LRR ENERGY L.P. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of LRR Energy L.P. Over the Proposed Sale of the Company to Vanguard Natural Resources, LLC
Business Wire - Wed Apr 22, 2:33PM CDT
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 LRR Energy L.P. ("LRE" or the "Company"
(NYSE:LRE) for potential breaches of fiduciary duties in connection with the sale of the Company to Vanguard Natural Resources, LLC ("Vanguard" (NASDAQ:VNR) for approximately $539 million, including the assumption of LRE's debt. The Company's stockholders will receive 0.55 shares of Vanguard for each share of LRE common stock they own in an all-stock transaction. Based on Vanguard's April 20, 2015 closing price, the consideration which will be received by LRE's shareholders is valued at approximately $8.93 per share, which represents a 13% premium to LRE's April 20 closing price.
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
Harwood Feffer LLP Announces Investigation of LRR Energy, L.P.
PR Newswire - Wed Apr 22, 1:12PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of LRR Energy, L.P. ("LRR" or the "Company" (NYSE: LRE) concerning the proposed acquisition of the Company by Vanguard Natural Resources ("VNR".
LRE: 8.43 (+0.08)
LRR Energy, L.P. Shareholder Alert: Bernstein Liebhard LLP Announces Investigation Of Acquisition By Vanguard Natural Resources, LLC
PR Newswire - Wed Apr 22, 10:54AM CDT
Bernstein Liebhard LLP is investigating whether the Board of Directors of LRR Energy, L.P. ("LRR Energy" or the "Company" (NYSE: LRE) breached its fiduciary duty to its shareholders in agreeing to sell LRR Energy to Vanguard Natural Resources, LLC.
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
LRR ENERGY, L.P. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Believe the Acquisition by Vanguard Natural Resources May be Unfair to Shareholders
Business Wire - Wed Apr 22, 10:45AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of LRR Energy, L.P. ("LRR" (NYSE: LRE) concerning the acquisition by Vanguard Natural Resources (NasdaqGS: VNR). Under the terms of the agreement, LRR shareholders will only receive 0.55 VNR unit per LRE unit owned. Based on the closing price of VNR before the deal was announced, the consideration is valued at approximately $8.93 per unit, which is only a slight premium over the closing price of LRR before the deal was announced and significantly lower than at least one analyst's estimated value of $16.00.
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
LRR Energy, L.P. (LRE) in Focus: Stock Jumps 5.3% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Apr 22, 8:18AM CDT
LRR Energy, L.P. (LRE) was a big mover last session, as the company saw its shares rise over 5% on the day.
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
Robbins Arroyo LLP: Acquisition of LRR Energy, L.P. (LRE) by Vanguard Natural Resources, LLC (VNR) May Not Be in Shareholders' Best Interests
PR Newswire - Tue Apr 21, 6:51PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of LRR Energy, L.P. (NYSE: LRE) by Vanguard Natural Resources, LLC (NASDAQ: VNR). On April 20, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Vanguard will acquire LRR Energy. Under the terms of the agreement, LRR Energy shareholders will receive 0.55 Vanguard common units per LRR Energy common unit, for a value of $8.93 per LRR Energy common unit share based on Vanguard's closing price on April 20, 2015.
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
NYSE stocks posting largest percentage increases
AP - Tue Apr 21, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
OCR: 84.52 (+3.45), ATI: 34.29 (-0.36), GNE: 10.19 (+0.29), KMB: 111.85 (-1.30), KNL: 23.48 (+0.35), OXM: 79.42 (-0.53), VOC: 5.90 (+0.23), PANW: 153.87 (-0.50), IMPR: 14.75 (-0.11), LRE: 8.43 (+0.08), AMBR: 9.05 (-0.37), DMD: 6.60 (+0.10), GLPW: 12.63 (-0.07), PAYC: 32.95 (-0.16)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of LRR Energy, L.P. -LRE
PR Newswire - Tue Apr 21, 4:49PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of LRR Energy, L.P. ("LRR Energy" or "the Company" (NYSE-LRE-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Vanguard Natural Resources ("Vanguard".
LRE: 8.43 (+0.08)
Under Armour and Teva are big market movers
AP - Tue Apr 21, 3:31PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
BAM: 55.54 (+0.09), HAS: 71.73 (-1.82), HOG: 56.23 (+0.51), RTN: 109.65 (+0.82), HAL: 47.11 (+0.06), RMBS: 14.40 (+0.22), CZR: 9.68 (-0.24), FARO: 44.64 (-0.93), UA: 82.27 (-1.25), RCL: 73.23 (-0.68), LRE: 8.43 (+0.08), TEVA: 63.01 (-1.15), GRPN: 7.07 (-0.06), SANM: 21.09 (+0.40)
MLPs: Vanguard Natural Resources LLC Scoops Up LRR Energy LP in a $539 Million Deal
Matt DiLallo, The Motley Fool - Motley Fool - Tue Apr 21, 9:36AM CDT
Consolidation continues in the energy patch as upstream master limited partnership Vanguard Natural Resources LLC and LRR Energy LP have agreed to merge. Vanguard will acquire LRR Energy in a $539 million unit-and-cash exchange. This deal marks...
LRE: 8.43 (+0.08), BBEP: 6.40 (-0.10), VNR: 15.85 (+0.04)
Premarket Gainers / Losers
Seeking Alpha - at Seeking Alpha - Tue Apr 21, 8:22AM CDT
HOG: 56.23 (+0.51), TNXP: 6.73 (+0.21), ALNY: 118.00 (-2.70), LRE: 8.43 (+0.08), LRCX: 78.36 (+0.52), MYL: 72.40 (-1.67), NVGN: 7.40 (-0.30), BIOC: 3.15 (+0.02), NBG: 1.19 (+0.12), VLTC: 15.14 (-1.04), FTNT: 38.07 (-0.01), BCLI: 4.29 (-0.09), SANM: 21.09 (+0.40)
Vanguard Natural Resources Buys LRR Energy - Is It A Good Move?
Albert Alfonso - at Seeking Alpha - Tue Apr 21, 7:27AM CDT
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
Vanguard Natural Resources to buy LRR Energy in $539M deal
Seeking Alpha - at Seeking Alpha - Tue Apr 21, 6:48AM CDT
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
LRR Energy cuts its quarterly distribution by 62% to $0.1875
Seeking Alpha - at Seeking Alpha - Mon Apr 20, 10:11PM CDT
LRE: 8.43 (+0.08)
Vanguard Natural Resources Announces Deal to Acquire LRR Energy for $539 Million and Conference Call to Discuss Transaction
GlobeNewswire - Mon Apr 20, 7:01PM CDT
Vanguard Natural Resources, LLC (Nasdaq:VNR) ("Vanguard" or "the Company" and LRR Energy, L.P. (NYSE:LRE) today announced that they have entered into a Purchase Agreement and Plan of Merger pursuant to which a subsidiary of Vanguard will merge into LRR Energy, L.P. and, at the same time, Vanguard will acquire LRE GP, LLC, the general partner of LRR Energy, L.P. (collectively, "LRR Energy", or "LRE" for total consideration of $251 million in Vanguard common units and the assumption of LRE's net debt of $288 million. As a result of the transaction, LRR Energy and its general partner will become wholly owned subsidiaries of Vanguard. The transaction, which has been approved by the boards of directors of both companies, including the Conflicts Committee of the Board of Directors of LRR Energy, will be a tax-free unit-for-unit transaction with an exchange ratio of 0.55 Vanguard common units per LRE common unit. In addition, Vanguard will acquire all of the limited liability company interests in LRE GP, LLC in exchange for 12,320 Vanguard common units. The consideration to be received by LRE unitholders is valued at $8.93 per LRR Energy common unit based on Vanguard's closing price as of April 20, 2015, representing a 13% premium to LRR Energy's closing price on April 20, 2015, and a 19% premium to LRR Energy's ten day volume weighted average price. Vanguard and LRR Energy expect the transaction to close in the third quarter of 2015. The merger is subject to customary closing conditions, including the approval of the LRR Energy unitholders. Affiliates of Lime Rock Resources, LRE's largest unitholder (owning over 30 percent of its outstanding equity), have agreed to support and vote in favor of the transaction.
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
LRR Energy, L.P. Announces Reduced Quarterly Cash Distribution and Conference Call to Report First Quarter 2015 Results
Business Wire - Mon Apr 20, 6:30PM CDT
LRR Energy, L.P. (NYSE: LRE) ("LRR Energy" announced today that the Board of Directors of its general partner declared a cash distribution for the first quarter of 2015 of $0.1875 per outstanding unit, or $0.75 on an annualized basis. The distribution will be paid on May 15, 2015, to all unitholders of record as of the close of business on May 1, 2015. The distribution represents a 62% reduction from LRR Energy's last quarterly distribution which was $0.4975 per outstanding unit, or $1.99 on an annualized basis.
LRE: 8.43 (+0.08)
LRE SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of LRR Energy, L.P. of Commencement of an Investigation Regarding the Sale of the Company to Vanguard Natural Resources -- LRE
Business Wire - Wed Apr 22, 4:39PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
Vanguard Natural Resources Takes Advantage Of LRR Energy's Problems To Acquire The Troubled MLP
Tim Plaehn - at Seeking Alpha - Wed Apr 22, 3:46PM CDT
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
LRR ENERGY L.P. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of LRR Energy L.P. Over the Proposed Sale of the Company to Vanguard Natural Resources, LLC
Business Wire - Wed Apr 22, 2:33PM CDT
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 LRR Energy L.P. ("LRE" or the "Company"
(NYSE:LRE) for potential breaches of fiduciary duties in connection with the sale of the Company to Vanguard Natural Resources, LLC ("Vanguard" (NASDAQ:VNR) for approximately $539 million, including the assumption of LRE's debt. The Company's stockholders will receive 0.55 shares of Vanguard for each share of LRE common stock they own in an all-stock transaction. Based on Vanguard's April 20, 2015 closing price, the consideration which will be received by LRE's shareholders is valued at approximately $8.93 per share, which represents a 13% premium to LRE's April 20 closing price. LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
Harwood Feffer LLP Announces Investigation of LRR Energy, L.P.
PR Newswire - Wed Apr 22, 1:12PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of LRR Energy, L.P. ("LRR" or the "Company"
(NYSE: LRE) concerning the proposed acquisition of the Company by Vanguard Natural Resources ("VNR". LRE: 8.43 (+0.08)
LRR Energy, L.P. Shareholder Alert: Bernstein Liebhard LLP Announces Investigation Of Acquisition By Vanguard Natural Resources, LLC
PR Newswire - Wed Apr 22, 10:54AM CDT
Bernstein Liebhard LLP is investigating whether the Board of Directors of LRR Energy, L.P. ("LRR Energy" or the "Company"
(NYSE: LRE) breached its fiduciary duty to its shareholders in agreeing to sell LRR Energy to Vanguard Natural Resources, LLC. LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
LRR ENERGY, L.P. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Believe the Acquisition by Vanguard Natural Resources May be Unfair to Shareholders
Business Wire - Wed Apr 22, 10:45AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of LRR Energy, L.P. ("LRR"
(NYSE: LRE) concerning the acquisition by Vanguard Natural Resources (NasdaqGS: VNR). Under the terms of the agreement, LRR shareholders will only receive 0.55 VNR unit per LRE unit owned. Based on the closing price of VNR before the deal was announced, the consideration is valued at approximately $8.93 per unit, which is only a slight premium over the closing price of LRR before the deal was announced and significantly lower than at least one analyst's estimated value of $16.00. LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
LRR Energy, L.P. (LRE) in Focus: Stock Jumps 5.3% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Apr 22, 8:18AM CDT
LRR Energy, L.P. (LRE) was a big mover last session, as the company saw its shares rise over 5% on the day.
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
Robbins Arroyo LLP: Acquisition of LRR Energy, L.P. (LRE) by Vanguard Natural Resources, LLC (VNR) May Not Be in Shareholders' Best Interests
PR Newswire - Tue Apr 21, 6:51PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of LRR Energy, L.P. (NYSE: LRE) by Vanguard Natural Resources, LLC (NASDAQ: VNR). On April 20, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Vanguard will acquire LRR Energy. Under the terms of the agreement, LRR Energy shareholders will receive 0.55 Vanguard common units per LRR Energy common unit, for a value of $8.93 per LRR Energy common unit share based on Vanguard's closing price on April 20, 2015.
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
NYSE stocks posting largest percentage increases
AP - Tue Apr 21, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
OCR: 84.52 (+3.45), ATI: 34.29 (-0.36), GNE: 10.19 (+0.29), KMB: 111.85 (-1.30), KNL: 23.48 (+0.35), OXM: 79.42 (-0.53), VOC: 5.90 (+0.23), PANW: 153.87 (-0.50), IMPR: 14.75 (-0.11), LRE: 8.43 (+0.08), AMBR: 9.05 (-0.37), DMD: 6.60 (+0.10), GLPW: 12.63 (-0.07), PAYC: 32.95 (-0.16)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of LRR Energy, L.P. -LRE
PR Newswire - Tue Apr 21, 4:49PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of LRR Energy, L.P. ("LRR Energy" or "the Company"
(NYSE-LRE-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Vanguard Natural Resources ("Vanguard". LRE: 8.43 (+0.08)
Under Armour and Teva are big market movers
AP - Tue Apr 21, 3:31PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
BAM: 55.54 (+0.09), HAS: 71.73 (-1.82), HOG: 56.23 (+0.51), RTN: 109.65 (+0.82), HAL: 47.11 (+0.06), RMBS: 14.40 (+0.22), CZR: 9.68 (-0.24), FARO: 44.64 (-0.93), UA: 82.27 (-1.25), RCL: 73.23 (-0.68), LRE: 8.43 (+0.08), TEVA: 63.01 (-1.15), GRPN: 7.07 (-0.06), SANM: 21.09 (+0.40)
MLPs: Vanguard Natural Resources LLC Scoops Up LRR Energy LP in a $539 Million Deal
Matt DiLallo, The Motley Fool - Motley Fool - Tue Apr 21, 9:36AM CDT
Consolidation continues in the energy patch as upstream master limited partnership Vanguard Natural Resources LLC and LRR Energy LP have agreed to merge. Vanguard will acquire LRR Energy in a $539 million unit-and-cash exchange. This deal marks...
LRE: 8.43 (+0.08), BBEP: 6.40 (-0.10), VNR: 15.85 (+0.04)
Premarket Gainers / Losers
Seeking Alpha - at Seeking Alpha - Tue Apr 21, 8:22AM CDT
HOG: 56.23 (+0.51), TNXP: 6.73 (+0.21), ALNY: 118.00 (-2.70), LRE: 8.43 (+0.08), LRCX: 78.36 (+0.52), MYL: 72.40 (-1.67), NVGN: 7.40 (-0.30), BIOC: 3.15 (+0.02), NBG: 1.19 (+0.12), VLTC: 15.14 (-1.04), FTNT: 38.07 (-0.01), BCLI: 4.29 (-0.09), SANM: 21.09 (+0.40)
Vanguard Natural Resources Buys LRR Energy - Is It A Good Move?
Albert Alfonso - at Seeking Alpha - Tue Apr 21, 7:27AM CDT
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
Vanguard Natural Resources to buy LRR Energy in $539M deal
Seeking Alpha - at Seeking Alpha - Tue Apr 21, 6:48AM CDT
LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
LRR Energy cuts its quarterly distribution by 62% to $0.1875
Seeking Alpha - at Seeking Alpha - Mon Apr 20, 10:11PM CDT
LRE: 8.43 (+0.08)
Vanguard Natural Resources Announces Deal to Acquire LRR Energy for $539 Million and Conference Call to Discuss Transaction
GlobeNewswire - Mon Apr 20, 7:01PM CDT
Vanguard Natural Resources, LLC (Nasdaq:VNR) ("Vanguard" or "the Company"
and LRR Energy, L.P. (NYSE:LRE) today announced that they have entered into a Purchase Agreement and Plan of Merger pursuant to which a subsidiary of Vanguard will merge into LRR Energy, L.P. and, at the same time, Vanguard will acquire LRE GP, LLC, the general partner of LRR Energy, L.P. (collectively, "LRR Energy", or "LRE" for total consideration of $251 million in Vanguard common units and the assumption of LRE's net debt of $288 million. As a result of the transaction, LRR Energy and its general partner will become wholly owned subsidiaries of Vanguard. The transaction, which has been approved by the boards of directors of both companies, including the Conflicts Committee of the Board of Directors of LRR Energy, will be a tax-free unit-for-unit transaction with an exchange ratio of 0.55 Vanguard common units per LRE common unit. In addition, Vanguard will acquire all of the limited liability company interests in LRE GP, LLC in exchange for 12,320 Vanguard common units. The consideration to be received by LRE unitholders is valued at $8.93 per LRR Energy common unit based on Vanguard's closing price as of April 20, 2015, representing a 13% premium to LRR Energy's closing price on April 20, 2015, and a 19% premium to LRR Energy's ten day volume weighted average price. Vanguard and LRR Energy expect the transaction to close in the third quarter of 2015. The merger is subject to customary closing conditions, including the approval of the LRR Energy unitholders. Affiliates of Lime Rock Resources, LRE's largest unitholder (owning over 30 percent of its outstanding equity), have agreed to support and vote in favor of the transaction. LRE: 8.43 (+0.08), VNR: 15.85 (+0.04)
LRR Energy, L.P. Announces Reduced Quarterly Cash Distribution and Conference Call to Report First Quarter 2015 Results
Business Wire - Mon Apr 20, 6:30PM CDT
LRR Energy, L.P. (NYSE: LRE) ("LRR Energy"
announced today that the Board of Directors of its general partner declared a cash distribution for the first quarter of 2015 of $0.1875 per outstanding unit, or $0.75 on an annualized basis. The distribution will be paid on May 15, 2015, to all unitholders of record as of the close of business on May 1, 2015. The distribution represents a 62% reduction from LRR Energy's last quarterly distribution which was $0.4975 per outstanding unit, or $1.99 on an annualized basis. LRE: 8.43 (+0.08)
