Thieler Law Corp Announces Investigation of proposed Sale of Western Refining Inc (NYSE: WNR) to Tesoro Corporation (NYSE: TSO)

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Western Refining Inc (NYSE: WNR) acted responsibly on behalf of investors’ profitability in the planned $6.4 billion sale to Tesoro Corporation (NYSE: TSO).

On November 17, 2016, Western Refining Inc (NYSE: WNR) and Tesoro Corporation (NYSE: TSO) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Western Refining stockholders will receive their election of 0.4350 shares of Tesoro or $37.30 in cash for each share of Western Refining owned.

Based in El Paso, Texas, and founded in 1993 Western Refining Inc operates as an independent crude oil refiner and marketer of refined products.

The investigation focuses on whether NYSE: WNR investors received the highest price and whether the directors of Western Refining Inc acted in the best interest of Western Refining Inc company and its shareholders.   

If you purchased Western Refining Inc (NYSE: WNR) prior to November 17, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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