Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Crestwood Midstream Partners LP (CMLP)

NEW YORK--(BUSINESS WIRE)--Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Crestwood Midstream Partners LP (“Crestwood” or the “Company”) (NYSE: CMLP) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Inergy Midstream, L.P. (NYSE: NRGM) (“Inergy”) in a deal valued at approximately $1.25 billion. Under the terms of the proposed transaction, Crestwood’s unitholders will receive 1.070 common units of Inergy and $1.03 for each unit of Crestwood common units they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $32.50 for Crestwood.