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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of WildHorse Resource Development Corporation

NEW YORK, Oct. 30, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against WildHorse Resource Development Corporation ("WildHorse;" NYSE: WRD) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Chesapeake Energy Corporation (CHK). Stockholders will receive either 5.989 shares of Chesapeake Energy common stock or $3.00 and 5.336 shares of Chesapeake Energy common stock for each share of WildHorse stock that they hold. The transaction is valued at approximately $3.977 billion (including debt) and is expected to close in the first half of 2019.

If you are a stockholder of WildHorse and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/wildhorse. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com

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