Faruqi & Faruqi Investigation: Northern Tier Energy LP
Faruqi & Faruqi Law, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Northern Tier Energy LP (“Northern Tier” or the “Company”) (NYSE:NTI) for potential breaches of fiduciary duties in connection with the sale of the Company to Western Refining, Inc. for approximately $1.82 billion.
The Company’s stockholders will only receive $15.00 in cash and 0.2986 shares of Western Refining common stock for each share of Company common stock they own, or approximately $25.99 per share. However, the offer is below at least one analyst’s price target of $34.00 per share.
Do not hesitate to contact Faruqi & Faruqi Law to find out your rights. If you own common stock in Northern Tier and wish to obtain additional information and protect your investments free of charge, please contact Juan Monteverde, Esq. at Faruqi & Faruqi Law either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.