Shareholder sues Atlas to stop Chevron deal

A shareholder filed a class action lawsuit to block the proposed acquisition of Atlas Energy Inc by Chevron Corp, alleging the $3.2 billion deal was "intrinsically unfair" to shareholders.
The acquisition of Atlas gives Chevron access to the Marcellus shale field in Pennsylvania and neighboring states, which is one of the largest U.S. natural gas finds in decades.
[Read more]
Source: Reuters