SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Merger of Era Group Inc. with Bristow Group Inc. is Fair to ERA Shareholders

NEW YORK, NY / ACCESSWIRE / January 28, 2020 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Era Group Inc. ("Era" or the "Company") (NYSE:ERA) stock prior to January 24, 2020.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Era with Bristow Group Inc. ("Bristow"). The transaction will be structured as a reverse triangular merger whereby Era will issue shares to Bristow stockholders. Under the terms of the transaction, Bristow shareholders would own 77% of the equity of the new company and Era shareholders would own 23%. To learn more about the action and your rights, go to:

https://www.zlk.com/mna/era-group-inc

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The Era merger investigation concerns whether the Board of Era breached their fiduciary duties to stockholders by agreeing to enter into this transaction and whether the merger undervalues Era relative to Bristow, thereby harming Era shareholders.

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.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 574364