Seeking Alpha

DCP Midstream Partners (DPM) -4% AH after announcing a 4.75M share stock offering, good for...

DCP Midstream Partners (DPM) -4% AH after announcing a 4.75M share stock offering, good for proceeds of $233.7M based on today's close. DCP says it will partly use the offering's proceeds to pay down debt obtained through its revolving credit facility.
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