- Regency Energy Partners (RGP) agrees to acquire PVR Partners (PVR) in a $5.6B deal that includes the assumption of $1.8B in net debt.
- RGP says its offer is valued at $28.68 per PVR unit, a 26% premium over Wednesday’s close.
- The acquisition will create a leading gas gathering and processing platform with a scaled presence across North America's premier high-growth unconventional oil and gas plays in Appalachia, west Texas, south Texas, the Mid-Continent and north Louisiana.
- PVR +19.6% premarket.
From other sites
at CNBC.com (Jan 14, 2015)
at CNBC.com (Feb 26, 2014)
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