Robbins Arroyo LLP: Acquisition of Energy Transfer Partners, L.P. (ETP) by Sunoco Logistics Partners L.P. (SXL) May Not Be in Unitholders' Best Interests

SAN DIEGO & DALLAS--(BUSINESS WIRE)--Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Energy Transfer Partners, L.P. (NYSE: ETP) by Sunoco Logistics Partners L.P. (NYSE: SXL). On November 21, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Sunoco Logistics will acquire Energy Transfer. Under the terms of the agreement, Energy Transfer unitholders will receive 1.5 common units of Sunoco Logistics for each common unit of Energy Transfer with an equivalent value of $39.29.