The law firm Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Copano Energy LLC (NASDAQ: CPNO) (“Copano” or “the Company”), concerning the proposed acquisition of the Company by Kinder Morgan Energy Partners LLC (KMP). Under the terms of the transaction, shareholders would receive 0.4563 shares of KMP for each share of Copano, a current value of approximately $39.99 per share. The total value of the transaction is approximately $3.22 Billion. The investigation is focused on the potential unfairness of the consideration to shareholders, the process by which the Company’s Board of Directors considered the transaction, and potential conflicts of interest among Copano’s Board members. If you are interested in discussing your rights as a Copano shareholder, or have information relating to this investigation, please contact Finkelstein Thompson’s Washington, DC offices at (202)-337-8000 or by email at firstname.lastname@example.org. Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers. To learn more about Finkelstein Thompson LLP, please visit our website at www.finkelsteinthompson.com. Attorney advising. Prior results do not guarantee similar outcomes.
Copano Energy (Nasdaq:CPNO) hit a new 52-week high Wednesday as it is currently trading at $41.52, above its previous 52-week high of $41.41 with 16,138 shares traded as of 9:35 a.m. ET. Average volume has been 926,100 shares over the past 30 days.