An investigation on behalf of investors of Regency Energy Partners LP (NYSE:RGP) in connection with the proposed takeover was announced and NYSE:RGP unitholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 02/04/2015 --An investigation on behalf of investors, who currently hold units of Regency Energy Partners LP (NYSE:RGP), was announced concerning whether the takeover of Regency Energy Partners LP by Energy Transfer Partners, L.P is unfair to NYSE:RGP unitholders.

Investors who purchased units of Regency Energy Partners LP (NYSE:RGP) and currently hold any of those NYSE:RGP units have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Regency Energy Partners LP breached their fiduciary duties owed to NYSE:RGP investors in connection with the proposed acquisition.

On January 26, 2015, Energy Transfer Partners, L.P. (NYSE: ETP) and Regency Energy Partners LP (NYSE: RGP) ("Regency") announced they have entered into a definitive merger agreement.

This merger will be a unit-for-unit transaction, plus a one-time cash payment to Regency Energy Partners LP (NYSE:RGP) unit holders, that collectively implies a value for Regency of approximately $18.0 billion, including the assumption of net debt and other liabilities of $6.8 billion. Under the terms of the merger agreement, the unitholders of Regency Energy Partners LP (NYSE:RGP) will receive 0.4066 Energy Transfer Partners, L.P. (NYSE: ETP) common units and a cash payment of $0.32 for each common unit of Regency Energy Partners LP (NYSE:RGP), implying an all-in price for Regency Energy Partners LP (NYSE:RGP) common units of $26.89 per unit based on ETP's closing price on January 23, 2015.

However, given that at least one analyst has set the high target price for NYSE:RGP units at 34.00 and that NYSE:RGP units traded as recently as September 2014 as high as $33.11, the investigation concerns whether the offer is unfair to NYSE:RGP stockholders. More specifically, the investigation concerns whether the Regency Energy Partners Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Regency Energy Partners LP reported that its annual Total Revenue rose from over $1.22 billion in 2010 to over $2.52 billion in 2013. Units of Regency Energy Partners LP (NYSE:RGP) traded as high as $33.11 per share in September 2014.

On February 2, 2015, NYSE:RGP units closed at $25.81.

Those who are current investors in Regency Energy Partners LP (NYSE:RGP) units have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com