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DCP Midstream Partners (DPM) sells $177.4M of its common units in a private placement to a group...

DCP Midstream Partners (DPM) sells $177.4M of its common units in a private placement to a group of institutional investors led by funds managed by ClearBridge Advisors, FAMCO MLP, Kayne Anderson and Tortoise Capital Advisors for $35.55 per unit. Citigroup acted as sole bookrunner for the transaction.
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