STR Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Sitio Royalties Corp With Viper Energy
1. Wohl & Fruchter investigates Sitio's merger with Viper Energy for fairness. 2. Merger values Sitio at $19.41 per share, below analyst price targets. 3. Sitio shareholders will receive only 20% of combined company's equity after merger. 4. Concerns over disclosure and board's actions in the merger approval process. 5. Legal rights for shareholders are being offered without charge.