WASHINGTON--(EON: Enhanced Online News)--The law firm of Finkelstein Thompson LLP is investigating potential claims on behalf of unitholders of PVR Partners, L.P. (NYSE: PVR) (“PVR” or “the Company”), concerning the Company’s proposed acquisition by Regency Energy Partners LP (NYSE: RGP) (“Regency”). Under the terms of the merger agreement, PVR common unitholders will receive 1.02 common units of Regency for each PVR unit they own. In addition, PVR unitholders will receive a one-time cash payment at the closing of the merger, estimated to be approximately $40 million in the aggregate. The consideration to be received by PVR unitholders is valued at $28.68 per common unit based on Regency’s closing price as of October 9, 2013. The total deal is valued at approximately $5.6 billion.
The investigation is focused on whether PVR’s Board of Directors breached its fiduciary duty in failing to maximize consideration to unitholders, the potential unfairness of the consideration to unitholders, the process by which the Board considered the transaction, and potential conflicts of interest among the Company’s Board members.
If you are interested in discussing your rights as a PVR unitholder, or have information relating to this investigation, please contact Finkelstein Thompson’s Washington, DC offices at (877) 337-1050 or (202) 337-8000, or by email at email@example.com.
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
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