Engel Law PLLC is investigating whether fair value to Holly Energy Partners, L.P. (NYSE: HEP) unitholders will result from the proposed acquisition of Holly Energy by HF Sinclair Corporation (NYSE: DINO) for a combination of (i) 0.315 shares of HF Sinclair common stock and (ii) $4.00 in cash for each Holly Energy common unit.
The Firm’s investigation concerns:
(i) whether the Company’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction;
(ii) whether the merger consideration adequately compensates the Company’s shareholders; and
(iii) whether all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.