|Company name||SemGroup Corporation|
NEW YORK, September 16, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of SemGroup Corporation (NYSE: SEMG) on behalf of SemGroup shareholders concerning the proposed merger with Energy Transfer LP.
Pursuant to the proposed transaction, announced on September 16, 2019 and valued at up to $5.1 billion, SemGroup shareholders will receive $6.80 in cash and 0.7275 shares of Energy Transfer common stock for each share of SemGroup common stock owned. The investigation focuses on whether SemGroup and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own SemGroup shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Alexandra Raymond by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.