Shares of Inergy (NRGY) soar 13.1% after the company agrees to contribute its retail propane...

|By:, SA News Editor

Shares of Inergy (NRGY) soar 13.1% after the company agrees to contribute its retail propane operations to Suburban Propane Partners (SPH +0.1%) for a consideration of $1.8B in an exchange of senior notes and cash.