Oct. 10, 2013, 8:12 AM
- Regency Energy Partners (RGP) agrees to acquire PVR Partners (PVR) in a $5.6B deal that includes the assumption of $1.8B in net debt.
- RGP says its offer is valued at $28.68 per PVR unit, a 26% premium over Wednesday’s close.
- The acquisition will create a leading gas gathering and processing platform with a scaled presence across North America's premier high-growth unconventional oil and gas plays in Appalachia, west Texas, south Texas, the Mid-Continent and north Louisiana.
- PVR +19.6% premarket.
Jun. 19, 2012, 9:09 AM
Apr. 10, 2012, 7:45 AMPVR Partners (PVR) announces the $1B acquisition of Marcellus Shale Midstream Pipeline Systems from Chief Gathering LLC in a deal that will help enhance its pipeline system in the region. The company expects to finance the purchase through a combination of equity and debt. | Apr. 10, 2012, 7:45 AM | 2 Comments
PVR Partners LP formerly Penn Virginia Resource Partners LP is engaged in the management of coal and natural resource properties and the gathering and processing of natural gas in the United States.
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