NEW YORK, April 15, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of SunCoke Energy Partners, L.P. (“SunCoke Energy Partners” or the “Company”) (SXCP) to SunCoke Energy, Inc. (“SXC”) is fair to SunCoke shareholders.
If you are a SunCoke Energy Partners shareholder and would like to discuss your legal rights and options, please visit SunCoke (SXCP) Merger Investigation or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or firstname.lastname@example.org or email@example.com.
On or around November 9, 2018, B. Riley reportedly set a target price for SunCoke Energy Partners at $20.00 per unit, or 23% higher than SXC’s offer valued at $15.30 per unit as of February 4, 2019. The investigation concerns whether SunCoke Energy Partners and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for SunCoke Energy Partners shareholders; (2) determine whether SXC is underpaying for SunCoke Energy Partners; and (3) disclose all material information necessary for SunCoke Energy Partners shareholders to adequately assess and value the merger consideration.
On behalf of SunCoke Energy Partners shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
If you are a SunCoke Energy Partners shareholder and would like to discuss your legal rights and options, please visit https://halpersadeh.com/actions/suncoke-energy-partners-l-p-sxcp-merger-suncoke-energy-stock/ or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or firstname.lastname@example.org or email@example.com.
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