In an attempt to simplify its structure, Energy Transfer Partners (ETP) agrees to acquire from...

|About: Energy Transfer Partners, L.P. (ETP)|By:, SA News Editor

In an attempt to simplify its structure, Energy Transfer Partners (ETP) agrees to acquire from Energy Transfer Equity (ETE) its interest in ETP Holdco for $1.4B in cash and $2.35B of newly issued ETP common units. ETP Holdco is the entity formed by ETP and ETE in 2012 to own the equity interests in Southern Union (SUG) and Sunoco (SUN).