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Plains All American Pipeline (PAA) agrees to acquire crude oil rail terminals from U.S....

Plains All American Pipeline (PAA) agrees to acquire crude oil rail terminals from U.S. Development Group for $500M in a deal that is expected to close by the end of the month. The assets include terminals in Texas, North Dakota and Colorado that have a combined loading capacity of 85K bpd. (PR)
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  • alpha5050
    , contributor
    Comments (8) | Send Message
     
    Why buy if building on their own is cheaper? Is this not a very risky investment?
    6 Dec 2012, 01:54 PM Reply Like
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