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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of CNX Resources Corporation (“CNX” or the “Company”) (NYSE: CNX) with CNX Midstream Partners LP (“CNX Midstream”) (NYSE: CNXM). Under the terms of the agreement, each outstanding common unit of CNX Midstream that CNX does not already own will be converted into 0.88 shares of CNX common stock.
The CNX merger investigation concerns whether the Board of CNX has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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