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Finkelstein Thompson LLP Announces Investigation of Encore Energy Partners, LP

WASHINGTON--(BUSINESS WIRE)--Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Encore Energy Partners, LP (“Encore” or the “Company”) (NYSE: ENP), concerning the proposed acquisition of the Company by Vanguard Natural Resources, LLC (“Vanguard”) (NYSE: VNR). Under the terms of the transaction, Encore shareholders would receive .75 shares of Vanguard stock for each share of Encore stock they own, with each share portion worth about $21.77 based on Vanguard’s current share price. The total transaction would be worth approximately $555 million. According to Yahoo! Finance, analysts have set a low target price of $23.00 per share and a high target price of $25.00 per share for Encore stock.