Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of AmeriGas Partners, L.P. (NYSE: APU) to UGI Corporation (NYSE: UGI). Under the terms of the transaction, AmeriGas shareholders will receive 0.50 shares of UGI common stock and $7.63 in cash for each share of AmeriGas stock they own. UGI currently holds a 26% ownership interest in AmeriGas.
The AmeriGas merger investigation concerns whether the Board of AmeriGas breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether UGI is underpaying for AmeriGas shares, thus unlawfully harming AmeriGas shareholders.
To receive more information, please fill out the form.