Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Crestwood Midstream Partners LP (NYSE: CMLP) acted responsibly on behalf of investors’ profitability in the planned $3.5 billion sale to Crestwood Equity Partners LP (NYSE: CEQP). 

On May 6, 2015, Crestwood Midstream Partners LP (NYSE: CMLP) and Crestwood Equity Partners LP (NYSE: CEQP) announced that they had entered into a merger agreement. Under the terms of the merger agreement, stockholders will receive 2.75 Crestwood Equity Units for each share of Crestwood Midstream common stock, which values shares of Crestwood Midstream at around $18.75 per share.

Based in Houston, TX, Crestwood Midstream Partners LP provides solutions to customers in the crude oil, natural gas liquids (NGL), and natural gas sectors of the energy industry such as; gathering, processing, storing, and transportation, throughout the United States.

The investigation is looking to uncover whether Crestwood Midstream Partners LP was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $26.00 per share. 

If you purchased Crestwood Midstream Partners LP (NYSE: CMLP) prior to May 6, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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