Deals
Brigham Exploration Sued by Shareholders Over Statoil Deal
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Brigham Exploration Co. was sued by shareholders contending that Statoil ASA’s $4.4 billion buyout price is too low.
The offer price is a discount to the oil and gas producer’s 52-week high trading price, according to separate suits filed by the same law firm on behalf of shareholders Robert Fioravanti and Howard Weisberg.