Kendall Law Group Investigating CNX Gas Corporation Merger For Shareholders

Kendall Law Group is investigating the CNX Gas Corporation (NYSE:CXG) merger with CONSOL Energy Inc. for shareholders. The national securities litigation firm is investigating whether a fair process was used prior to entering into the merger agreement and whether the CNX Board of Directors breached their fiduciary duties by not seeking a deal that would provide better value of the Company. CXG shareholders are encouraged to contact the Kendall Law Group at 877-744-3728 or by email at [e-mail].

On March 21, 2010, CONSOL announced that it had entered into an agreement to purchase the remaining shares of CNX Gas Corporation that it does not currently own. According to the agreement, CONSOL will pay $38.25 per CXG share for the 9.5 million shares that are currently owned by investment advisory clients of T. Rowe Price Associates, Inc. This represents a 24% premium over the closing price on March 19, 2010. CXG closed at $35.45 as recently as October 20, 2010.

Kendall Law Group, founded by a former federal judge, and includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in many merger and acquisition cases nationwide, including some of the largest transactions in the United States.

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