NEW YORK, July 13, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of MarkWest Energy Partners, L.P. ("MarkWest" or the "Company") (NYSE: MWE) concerning the proposed acquisition of the Company by MPLX LP ("MPLX") (NYSE: MPLX).
Under the terms of the offer, MPLX would acquire MarkWest in a transaction valued at approximately $15.8 billion. Pursuant to the deal, MarkWest unitholders would receive 1.09 MPLX common units and $3.37 in cash for each MarkWest unit owned, for total consideration of approximately $78.65 per MarkWest unit.
Our investigation concerns whether the MarkWest 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 MarkWest 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
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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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SOURCE Harwood Feffer LLP