Inergy Ends Investor Suits Over $2B Merger

Law360, New York (October 27, 2010, 12:52 PM EDT) -- Inergy LP has reached a settlement with unit holders of the propane and natural gas company's parent, Inergy Holdings LP, in class action litigation challenging Inergy's approximately $1.9 billion takeover of Holdings, Inergy said in a regulatory filing.

But, according to an 8-K filing Monday with the U.S. Securities and Exchange Commission, a class action in the Delaware Chancery Court brought by Inergy unit holders remains active.

Inergy and Holdings said in an August SEC filing that they planned to merge. The filing said that by...
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