NISKA GAS STORAGE PARTNERS LLC UNITHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Jun 17, 2015, 11:20 ET
WILMINGTON, Del., June 17, 2015 /PRNewswire/ -- Rigrodsky & Long, P.A.:
- Do you own units of Niska Gas Storage Partners LLC (NYSE: NKA)?
- Did you purchase any of your units prior to June 15, 2015?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Niska Gas Storage Partners LLC ("Niska" or the "Company") (NYSE: NKA) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Brookfield Infrastructure ("Brookfield"), in a transaction valued at approximately $911 million.
Click here to learn more: http://rigrodskylong.com/investigations/niska-gas-storage-partners-llc-nka.
Under the terms of the agreement, unitholders of Niska will receive $4.225 in cash for each unit of Niska they own.
The investigation concerns whether Niska's board of directors failed to adequately shop the Company and obtain the best possible value for Niska's unitholders before entering into an agreement with Brookfield.
If you own the common stock of Niska and purchased your units before June 15, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to [email protected], or at: http://rigrodskylong.com/investigations/niska-gas-storage-partners-llc-nka.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
Fax: (302) 654-7530
SOURCE Rigrodsky & Long, P.A.
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