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Western Refining, Inc. (WNR)



Faruqi & Faruqi, LLP Announces the Investigation of Western Refining, Inc. (WNR) Over the Proposed Sale of the Company to Tesoro Corp.

Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Western Refining, Inc. (“Western Refining” or the “Company”) (NYSE:WNR) for potential breaches of fiduciary duties in connection with the sale of the Company to Tesoro Corp. for approximately $4.1 billion. 

The Company’s stockholders will only receive 0.4350 Tesoro Corp. shares for each share they own, approximately $37.65 in cash according to Tesoro Corp.’s closing price on November 17, 2016. However, the offer is below the 52-week high price of $42.80 per share.

If you own common stock in Western Refining and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Nadeem Faruqi, Esq. either via e-mail at nfaruqi@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.  You may also contact Juan E. Monteverde, Esq.  either via email at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

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  • Company:
    Western Refining, Inc. (WNR)

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Contact Counsel

Nadeem Faruqi
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Case Details


  • 11/18/2016

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