Engel Law PLLC is investigating whether fair value to DCP Midstream shareholders will result from the proposed sale of DCP Midstream, LP (NYSE: DCP) to Phillips 66 for $41.75 per common unit.
The Firm’s investigation concerns:
(i) whether DCP Midstream’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction;
(ii) whether the $41.75 per common unit merger consideration adequately compensates DCP Midstream’s shareholders; and
(iii) whether all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.