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DCP Midstream, LP Investigation
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DCP Midstream, LP Investigation

We are investigating possible violations of law connected with the proposed acquisition of DCP Midstream, LP (“DCP Midstream”) (NYSE: DCP) by Phillips 66 (NYSE: PSX).  Under the terms of the merger agreement, the Company’s shareholders will receive $41.75 in cash for each DCP Midstream common unit owned.

Weiss Law is investigating whether (i) the board of directors of DCP Midstream GP, LLC, the general partner of DCP Midstream GP, LP, the general partner of DCP Midstream, acted in good faith and in the “best interests” of the Partnership and its unit holders in agreeing to the proposed transaction, (ii) the merger consideration adequately compensates DCP Midstream’s unit holders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

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