WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Western Refining Logistics, LP (NYSE: WNRL)?
- Did you purchase any of your shares prior to August 14, 2017?
- Do you think the proposed buyout is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Western Refining Logistics, LP (“Western Refining” or the “Company”) (NYSE: WNRL) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Andeavor Logistics LP (“Andeavor”) (NYSE: ANDX) in a transaction valued at approximately $1.5 billion. Under the terms of the agreement, shareholders of Western Refining will receive 0.5233 common units of Andeavor for each common unit of Western Refining.
If you own common stock of Western Refining and purchased any shares before August 14, 2017, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242, or by e-mail at info@rl-legal.com.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.
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