MERGER ALERT – KMG and EGN: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

NEW YORK, Aug. 16, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.

KMG Chemicals, Inc. KMG

Merger Announcement: August 15, 2018

Transaction Details: KMG will be purchased by Cabot Microelectronics Corporation CCMP. Under the terms of the transaction, KMG shareholders will receive $55.65 in cash and 0.2000 of a share of Cabot Microelectronics common stock for each KMG share they own. This represents a value of approximately $79.50 per share.

To learn more about the action and your rights, go to: http://www.zlk.com/mna/kmg-chemicals-inc.

Energen Corporation EGN

Merger Announcement: August 14, 2018

Transaction Details: Energen will be purchased by Diamondback Energy, Inc. FANG. Under the terms of the transaction, Energen shareholders will receive 0.6442 shares of Diamondback common stock for each share of Energen common stock they own. This represents a value of approximately $84.95 per share.

To learn more about the action and your rights, go to: http://www.zlk.com/mna/energen-corporation.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

jlevi@levikorsinsky.com

30 Broad Street - 24th Floor

New York, NY 10004

Tel: (212) 363-7500

Toll Free: (877) 363-5972

Fax: (212) 363-7171

www.zlk.com