Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Tallgrass Energy, LP has obtained a Fair Price in its sale to Blackstone Infrastructure Partners
MILWAUKEE, Dec. 17, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating Tallgrass Energy (NYSE: TGE) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of Tallgrass Energy to Blackstone.
Click here to learn how to join the action: http://ademilaw.com/case/tallgrass-energy-lp or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges Tallgrass Energy's financial outlook is improving and yet shareholders will receive only $22.45 in cash per Class A Share of Tallgrass Energy. The merger agreement unreasonably limits competing bids for Tallgrass Energy by prohibiting solicitation of further bids, and imposing a termination penalty if Tallgrass Energy accepts a superior bid. Tallgrass Energy insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Tallgrass Energy's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Tallgrass Energy.
If you own common stock in Tallgrass Energy and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or http://ademilaw.com/case/tallgrass-energy-lp.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi & O'Reilly, LLP
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