Inergy (NRGY -1%) passes the salt, selling its 100% membership interest in US Salt to Inergy...

|By:, SA News Editor

Inergy (NRGY -1%) passes the salt, selling its 100% membership interest in US Salt to Inergy Midstream (NRGM -0.4%) for $192.5M. Inergy is shifting its focus from the retail sale of natural gas to the midstream business, which includes the transportation and storage of gas; US Salt mines for salt, leaving caverns that can be used to store natural gas.