War of Words Continues: 2 More Proxy Cos Endorse MarkWest Sale

The public relations battle between the current management and board of MarkWest Energy, who stand to personally benefit from a sale of the company to Marathon Petroleum (via Golden Parachutes), continues. On Friday MarkWest issued another press release (seems they’re coming along almost daily now) to encourage people to vote “yes” with their units. MarkWest is claiming two more proxy advisory firms have endorsed the deal–Glass Lewis and Egan-Jones. It was just last week that MarkWest’s former CEO issued another press release of his own telling the world this is a bad deal for common unitholders and should be voted down (see War of Words: Battle to Sell MarkWest Energy to Marathon Heats Up). MarkWest, in their latest press release, re-issued their plea for anyone with even a couple of units (think “shares of stock) laying in a drawer somewhere to vote–every vote counts in this battle…

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