NEW YORK, Oct. 21, 2020 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Parsley Energy, Inc. (NYSE: PE) and its board of directors concerning the proposed acquisition of the company by Pioneer Natural Resources Company (NYSE: PXD). Stockholders will receive 0.1252 shares of Pioneer Natural Resources common stock for each share of Parsley Energy stock that they hold. The transaction is valued at approximately $7.6 billion and is expected to close in the first quarter of 2021.

If you are a stockholder of Parsley Energy, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/pe/. 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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SOURCE Rowley Law PLLC

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Parsley Energy (NYSE:PE)
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