NEW ORLEANS, May 16, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of SilverBow Resources, Inc. (NYSE: SBOW) to Crescent Energy Company (NYSE: CRGY). Under the terms of the proposed transaction, shareholders of SilverBow will receive 3.125 shares of Crescent Class A common stock for each share of SilverBow, with the option to elect to receive all or a portion of the proceeds in cash at a value of $38 per share (subject to possible pro ration with a maximum total cash consideration for the transaction of $400 million). KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

(PRNewsfoto/Kahn Swick & Foti, LLC)

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-sbow/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
1100 Poydras St., Suite 960
New Orleans, LA 70163

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SOURCE Kahn Swick & Foti, LLC