Buyout Proposal for Encore Energy Partners, LP Prompts Shareholder Claims Investigation by Goldfarb Branham Law Firm LLP

DALLAS--(BUSINESS WIRE)--Goldfarb Branham LLP is investigating whether the proposed acquisition of Encore Energy Partners, LP (NYSE: ENP) for $23.20 per unit by Vanguard Natural Resources, LLC violates shareholder protection laws. If you are an Encore Energy Partners unitholder or have information about this buyout, contact Hamilton Lindley at 877-583-2855 or at hlindley@goldfarbbranham.com.

“Vanguard – which already owns 46% of Encore – has offered to buy all outstanding units in a unit-for-unit exchange valued at $567 million,” said securities lawyer Hamilton Lindley. “Because the proposal would exchange 0.72 Vanguard common units per Encore Energy common unit, the proposed sale price of $23.20 per ENP is just pennies over the $23.15 closing price on March 24th, and doesn’t seem to be the best value for shareholders. Additionally, because Vanguard is a controlling unitholder, this merger requires greater scrutiny.”

Goldfarb Branham’s lawyers have significant experience representing individual and institutional investors in over 100 shareholder class action cases. A firm securities lawyer, Hamilton Lindley, can be reached at hlindley@goldfarbbranham.com or toll free at 877-583-2855 to discuss the impact of this buyout on Encore’s shareholders.