Robbins Arroyo LLP: Acquisition of JP Energy Partners LP (JPEP) by American Midstream Partners, LP (AMID) May Not Be in Unitholders’ Best Interests

Shareholder rights attorneys at Robbins Arroyo LLP are investigating
the proposed acquisition of JP Energy Partners LP (NYSE: JPEP) by
American Midstream Partners, LP (NYSE: AMID). On October 24, 2016, the
two companies announced the signing of a definitive merger agreement
pursuant to which American Midstream will combine with JP Energy
Partners. Under the terms of the agreement, JP Energy Partners
unitholders will receive 0.5775 units of American Midstream with a value
of $8.63 for each common unit of JP Energy Partners.

View this information on the law firm's Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/jp-energy-partners-lp

Is the Proposed Acquisition Best for JP Energy Partners and Its
Unitholders?

Robbins Arroyo LLP's investigation focuses on whether the board of
directors at JP Energy Partners is undertaking a fair process to obtain
maximum value and adequately compensate its unitholders.

As an initial matter, the $8.63 merger consideration represents a
premium of only 14.5% based on JP Energy Partners' closing price on
October 21, 2016. This premium is significantly below the average one
day premium of nearly 122.69% for comparable transactions within the
past three years. Further, the $8.63 merger consideration is
significantly below the target price of $10.75 set by an analyst at D.A.
Davidson & Co. on October 6, 2016. In the last three years, JP Energy
Partners traded as high as $20.71 on October 2, 2014, and most recently
traded above the merger consideration – at $8.82 – on August 9, 2016.

JP Energy Partners unitholders have the option to file a class action
lawsuit to ensure the board of directors obtains the best possible price
for unitholders and the disclosure of material information. JP Energy
Partners unitholders interested in information about their rights and
potential remedies can contact attorney Darnell R. Donahue at (800)
350-6003, ddonahue@robbinsarroyo.com,
or via the shareholder
information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in securities
litigation and shareholder rights law. The law firm represents
individual and institutional investors in shareholder derivative and
securities class action lawsuits, and has helped its clients realize
more than $1 billion of value for themselves and the companies in which
they have invested.

Attorney Advertising. Past results do not guarantee a similar outcome.

View source version on businesswire.com: http://www.businesswire.com/news/home/20161025006400/en/

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