Magellan Midstream Partners, L.P.- Halper Sadeh

Magellan Midstream Partners, L.P.

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MMP STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF MAGELLAN MIDSTREAM PARTNERS, L.P. IS FAIR TO SHAREHOLDERS

May 14, 2023.

New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Magellan Midstream Partners, L.P. (NYSE: MMP) to ONEOK, Inc. for $25.00 in cash and 0.6670 shares of ONEOK stock per unit is fair to Magellan shareholders.

The investigation concerns whether Magellan and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Magellan shareholders; (2) determine whether ONEOK is underpaying for Magellan; and (3) disclose all material information necessary for Magellan shareholders to adequately assess and value the merger consideration. On behalf of Magellan shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

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Signed pursuant to California Civil Code Section 1633.1, et seq., and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

Date of signing: June 04, 2023

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