Rigrodsky
& Long, P.A. announces a complaint alleging breaches of
fiduciary duty and other violations of law has been filed in the
Delaware Court of Chancery against the board of directors of Susser
Holdings Corporation (“Susser” or the “Company”) (NYSE: SUSS)
in connection with the Company’s entry into an agreement to be acquired
by Energy Transfer Partners, L.P. (“ETP”) (NYSE: ETP),
in a transaction valued at approximately $1.8 billion.
Click here to learn more: http://www.rigrodskylong.com/investigations/susser-holdings-corporation-suss.
Under the terms of the agreement, public shareholders of Susser can
elect to receive $80.25 in cash or 1.4506 units of ETP, or a combination
of both, for each share of Susser they own.
The complaint alleges that Sussex’s board of directors failed to
adequately shop the Company and obtain the best possible value for
Sussex’s shareholders before entering into an agreement with ETP.
If you own the common stock of Sussex and purchased your shares before
April 28, 2014, would like to learn more about these allegations, or if
you wish to discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, Delaware 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com,
or at: http://www.rigrodskylong.com/investigations/susser-holdings-corporation-suss.
Rigrodsky
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
Copyright Business Wire 2014