Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Maine & Maritimes Corp. (AMEX: MAM - News) (referred to as "Maine & Maritimes" or the “Company”) to Emera Inc. (referred to as “Emera”).

Under the terms of the agreement, each publicly held share of common stock of Maine & Maritimes will be canceled and will be automatically converted into the right to receive $45.00 in cash, without interest and subject to any applicable withholding taxes.

Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.

If you are a holder of Maine & Maritimes stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.

If you are a shareholder of Maine & Maritimes and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at: (866) 313-6222 or by sending an e-mail including your contact information to: counsel@nyclasslaw.com. All e-mail correspondence should make reference to Maine & Maritimes.

Bull & Lifshitz, LLP is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.nyclasslaw.com.

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