SUSSER HOLDINGS INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Susser Holdings Corporation (SUSS) Over the Proposed Sale of the Company to Energy Transfer Partners, L.P. (ETP)
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Susser Holdings Corporation (“Susser” or the “Company”) (SUSS) for potential breaches of fiduciary duties in connection with the sale of the Company to Energy Transfer Partners for approximately $1.8 billion. The Company’s stockholders will receive either $80.25 cash, 1.4506 Energy Transfer common units, or a combination of both for each share of Susser common stock they own.
The investigation focuses on whether Susser’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Susser’s shareholders.
If you own common stock in Susser and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
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