SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Tallgrass Energy, LP is Fair to Shareholders
NEW YORK, NY / ACCESSWIRE / December 17, 2019 / The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Tallgrass Energy, LP ("Tallgrass" or the "Company") (NYSE:TGE) stock prior to December 17, 2019.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Tallgrass to affiliates of Blackstone Infrastructure Partners and affiliates of Enagas, GIC, NPS and USS (collectively the "Blackstone Affiliates"). Under the terms of the agreement, the Blackstone Affiliates will acquire all of the publicly-held outstanding Class A Shares of Tallgrass for $22.45 in cash per Class A Share. To learn more about the action and your rights, go to:
https://www.zlk.com/mna/tallgrass-energy-lp
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 Tallgrass merger investigation concerns whether the Board of Tallgrass breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction and whether the Blackstone Affiliates are underpaying for Tallgrass shares, thus unlawfully harming Tallgrass 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: 570571