KAYNE ANDERSON NEXTGEN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Kayne Anderson NextGen Energy & Infrastructure, Inc. - KMF

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Mar 29, 2023

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kayne Anderson NextGen Energy & Infrastructure, Inc. (“KMF” or the “Company”) (NYSE: KMF) to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN). Under the terms of the proposed transaction, shareholders of KMF will receive newly issued common stock of KYN, at an exchange ratio based on the relative per share net asset values (“NAV”) of each fund immediately prior to the Merger’s closing date, for each share of KMF that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.