NEW YORK, July 30, 2008 (PRIME NEWSWIRE) -- Levi & Korsinsky announces an investigation on the proposed acquisition of EnergySouth, Inc. ("EnergySouth" or the "Company") (Nasdaq:ENSI)
On July 28, 2008, EnergySouth, who owns Mobile Gas, announced that it has entered into a definitive merger agreement Sempra Energy ("Buyer") and EMS Holding Corp., a wholly owned indirect subsidiary of Buyer ("Merger Sub"). Under the terms of the proposal, EnergySouth's shareholders would receive $61.50 per share in cash or $510 million. The proposed acquisition is subject to customary conditions and regulatory approvals the acquisition. If you own common stock in EnergySouth and wish to obtain additional information please contact us at the number listed below or visit www.zlk.com/ensi.html
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.
About EnergySouth, Inc.
EnergySouth, Inc. is a holding company, which has two principal direct wholly owned subsidiaries, Mobile Gas Service Corporation (Mobile Gas) and EnergySouth Midstream (Midstream). Mobile Gas purchases, sells, and transports natural gas to residential, commercial, and industrial customers in Mobile, Alabama and surrounding areas.