Shareholder alert: weisslaw llp investigates phillips 66 partners lp

New york, oct. 27, 2021 /prnewswire/ -- weisslaw llp is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of phillips 66 partners lp ("psxp" or the "partnership") (nyse: psxp) in connection with the proposed acquisition of psxp by phillips 66 ("phillips 66") (nyse: psx).  under the terms of the merger agreement, each outstanding psxp common unitholder would receive 0.50 shares of phillips 66 common stock for each psxp common unit they hold.
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