Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Piedmont Natural Gas Co Inc (NYSE: PNY) acted responsibly on behalf of investors’ profitability in the planned $4.9 billion sale to Duke Energy Corporation (NYSE:  DUK).

On October 26, 2015, Piedmont Natural Gas Co Inc (NYSE: PNY) and Duke Energy Corporation (NYSE:  DUK) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Duke Energy Corporation will offer Piedmont Natural Gas Co Inc shareholders $60.00 per share in cash for all outstanding shares.

Based in Charlotte, North Carolina, and founded in 1949 Piedmont Natural Gas Co Inc is a natural gas distributor that severs over one million customers in the United States.

The investigation focuses on whether (NYSE: PNY) investors received the highest price and whether the directors of Piedmont Natural Gas Co Inc acted in the best interest of Piedmont Natural Gas Co Inc and its shareholders.   

If you purchased Piedmont Natural Gas Co Inc (NYSE: PNY) prior to October 26, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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