Skip to main content

HEP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Holly Energy Partners, L.P. Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Holly Energy Partners, L.P. (NYSE: HEP) to HF Sinclair Corporation for 0.315 shares of HF Sinclair common stock and $4.00 in cash, without interest, for each publicly held common unit of Holly Energy is fair to Holly Energy shareholders.

Halper Sadeh encourages Holly Energy shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Holly Energy and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Holly Energy shareholders; (2) determine whether HF Sinclair is underpaying for Holly Energy; and (3) disclose all material information necessary for Holly Energy shareholders to adequately assess and value the merger consideration. On behalf of Holly Energy shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Holly Energy shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.