Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Northern Tier Energy LP (NYSE: NTI) acted responsibly on behalf of investors’ profitability in the planned sale to Western Refining Inc (NYSE: WNR).
On December 21, 2015, Northern Tier Energy LP (NYSE: NTI) and Western Refining Inc (NYSE: WNR) announced that they had entered into a merger agreement. Under the terms of the agreement, Northern Tier Energy LP shareholders will receive $15.00 in cash and 0.2986 shares of Western Refining Inc common stock for each share of Northern Tier Energy LP common stock held.
Based in Tempe, Arizona, and founded in 2010 Northern Tier Energy LP is an independent downstream energy company.
The investigation is looking to uncover whether Northern Tier Energy LP was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $34.00 per share.
If you purchased Northern Tier Energy LP (NYSE: NTI) prior to December 21, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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