Kendall Law Group Investigates Sunoco Inc.

Kendall Law Group Investigates Sunoco Inc.

Kendall Law Group, led by former federal judge Joe Kendall, is investigating Sunoco Inc. (NYSE: SUN) for shareholders in connection with the proposed acquisition by Energy Transfer Partners LP. The national securities firm’s investigation seeks to determine whether Sunoco and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a Sunoco shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at investor@kendalllawgroup.com.

On April 30, 2012, the companies announced the definitive merger agreement under which Sunoco would be acquired by Energy Transfer Partners, in a transaction valued at approximately $5.3 billion. Under the terms of the agreement, Sunoco stockholders can elect to receive either $50.00 in cash, 1.0490 Energy Transfer Partners (NYSE: ETP) common units, or a combination of $25.00 in cash and 0.5245 ETP common units for each share of Sunoco/SUN common stock held. The offer represents a 22.5 percent premium to Sunoco stock's Friday closing price of $40.91. The firm’s investigation seeks to determine whether Sunoco and its Board undertook a fair process in negotiating the deal.

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

Kendall Law Group LLP
Daniel Hill, 214-744-3000
877-744-3728 Toll Free
214-744-3015 Facsimile
investor@kendalllawgroup.com
www.kendalllawgroup.com