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DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ], led by former federal judge Joe Kendall, is investigating CH Energy Group Inc. (NYSE: CHG) for shareholders in connection with the proposed acquisition by Fortis Inc. The national securities firmas investigation seeks to determine whether CH Energy Group and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a CH Energy Group shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at [ investor@kendalllawgroup.com ].

On February 21, 2012, the companies announced the definitive merger agreement under which CH Energy Group would be acquired by Fortis, in a transaction valued at approximately $1 billion. Under the terms of the agreement, CH Energy Group stockholders will receive $65.00 in cash for each share of CH Energy Group/CHG common stock held. The deal price represents a 10.5 percent premium to CH Energy Groupas closing share price on Friday. According to Thompson/First Call, at least one analyst has set a price target of $69.00 per share for CH Energy Groupas stock. The firmas investigation seeks to determine whether CH Energy Group and its Board undertook a fair process in negotiating the deal.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.