Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed acquisition of Enterprise GP Holdings L.P. (NYSE: EPE) (referred to as "Enterprise Holdings" or the "Company") by Enterprise Products Partners L.P.(referred to as "Enterprise Products") in a transaction with a value of approximately $9 billion, including the assumption of about $1 billion in debt.
Under terms of the definitive agreement, Enterprise Holdings unit holders would receive 1.5 common units of Enterprise Products for each limited partner unit they own at closing, for an implied value of $57.68 per unit based on Enterprise Products' closing price on September 3, 2010.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company's shareholders.
If you are a holder of Enterprise Holdings stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.
If you are a shareholder of Enterprise Holdings and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: counsel@nyclasslaw.com. All e-mail correspondence should make reference to Enterprise Holdings.
Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz, LLP. The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contacts:
Bull & Lifshitz, LLP
Joshua M. Lifshitz, Esq.
Phone:
212-213-6222
Fax: 212-213-9405
Email: counsel@nyclasslaw.com