NEW YORK, Oct. 30, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Rentech Nitrogen Partners, L.P. ("Rentech" or the "Company") (NYSE: RNF) concerning the proposed acquisition of the Company by CVR Partners, LP ("CVR").
Under the terms of the offer, CVR would acquire Rentech in a transaction valued at approximately $533 million. Pursuant to the deal, Rentech unitholders would receive 1.04 units of CVR Partners and $2.57 of cash per unit.
On October 6, 2015, a class action complaint was filed against the Company in the U.S. District Court for the Northern District of California, Case No. 2:15-cv-7818-GW-MRW. The class action alleges that the Company's Form S-4 filed in connection with the proposed transaction was materially misleading in violation of the federal securities laws.
Our investigation concerns whether the Rentech board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.
If you own Rentech shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I Sachs-Michaels, Esq. Robert I. Harwood, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400 Email: firstname.lastname@example.org Website: http://www.hfesq.com Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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