Union Drilling Inc.

Union Drilling, a land drilling services and equipment contractor headquartered in Fort Worth, Texas, and Sidewinder Drilling, a Houston-based land drilling company controlled by Avista Capital Partners, today announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, relating [...]

Faruqi & Faruqi is investigating the Board of Directors of Union Drilling for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Sidewinder Drilling Inc., Houston-based land drilling company controlled by Avista Capital Partners, in an all-cash deal valued at about $242 million. Under the [...]

Levi & Korsinsky is investigating the Board of Directors of Union Drilling, for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Sidewinder Drilling Inc. for $6.50 per share. Union Drilling reported a book value of $8.76 per share for the most recent quarter.

Levi & Korsinsky is investigating the Board of Directors of Union Drilling, Inc. (NasdaqGS: UDRL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Sidewinder Drilling Inc. for $6.50 per share. Union Drilling reported a book value of $8.76 per share for the most recent quarter.

Sidewinder Drilling today announced that its direct, wholly-owned subsidiary, Fastball Acquisition, has commenced its cash tender offer for all outstanding shares of common stock of Union Drilling at a price of $6.50 per share. The tender offer is being made in connection with the Agreement and Plan of Merger, dated as of September 24, 2012, among [...]

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Union Drilling relating to the proposed acquisition by Sidewinder Drilling. Under the terms of the transaction, Union Drilling shareholders will receive only $6.50 in cash for each share of Union Drilling stock they own. The [...]

Block & Leviton, a Boston-based law firm representing investors nationwide, has commenced an investigation into possible breaches of fiduciary duties by the Board of Directors of Union Drilling with regards to the proposed going-private acquisition of the Company by Sidewinder Drilling in an all cash tender offer transaction. Sidewinder is a wholly [...]

Tripp Levy, a leading national securities law firm, announces that it is investigating the acquisition of Union Drilling. Union Drilling and Sidewinder Drilling Inc. today announced that the two companies have entered into a definitive agreement and plan of merger pursuant to which Sidewinder will acquire all of the outstanding shares of Union [...]

Union Drilling, a land drilling services and equipment contractor headquartered in Fort Worth, Texas, and Sidewinder Drilling, a Houston-based land drilling company controlled by Avista Capital Partners, today announced that the two companies have entered into a definitive agreement and plan of merger pursuant to which Sidewinder will acquire all [...]

FORT WORTH, Texas, Aug. 1, 2012 /PRNewswire/ -- Union Drilling, Inc. (NASDAQ: UDRL) announced today financial and operating results for the three month period ended June 30, 2012.Revenues for the second quarter of 2012 were $68.1 million compared to $59.9 million in the second quarter of 2011.  The Company reported net income of $0.6 million [...]