Faruqi & Faruqi, LLP’s national practice focuses on complex civil litigation. The firm practices in the areas of Securities, Merger & Transactional, Shareholder Derivative, Antitrust, Consumer Class Action, and Wage & Hour litigation.
Monday, July 13, 2015
Faruqi & Faruqi Investigation: MarkWest Energy Partners
Faruqi & Faruqi, LLP Announces the Investigation of MarkWest Energy Partners (MWE) Over the Proposed Sale of the Company to MPLX LP
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of MarkWest Energy Partners (“MarkWest” or the “Company”) (NYSE:MWE) for potential breaches of fiduciary duties in connection with the sale of the Company to MPLX LP for approximately $15.8 billion.
The Company’s stockholders will only receive1.09 MPLX common units and a one-time cash payment of approximately $3.37 per MarkWest common unit, for total consideration of $78.64 for each share of Company common stock they own.
However, at least one analyst sets the Company’s share price at $86.00 and the share has traded at higher values than the current deal offer in the past year.
If you own common stock in MarkWest and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact F&F'sJuan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.