Crosstex Energy (XTEX) announces an 8.8M common unit secondary offering, along with a $250M...

|By:, SA News Editor

Crosstex Energy (XTEX) announces an 8.8M common unit secondary offering, along with a $250M private placement of Senior Notes due 2022. The proceeds will be used to fund its acquisition of Clearfield Energy, as well as for other general purposes. Shares -5.4% AH.