Seeking Alpha

TEPPCO Partners LP (TPP)

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Market Currents

  • Monday, June 29, 2009

  • 10:04 AM Enterprise Products Partners (EPE +2.7%) says it will buy Teppco Partners (TPP +3.5%) for $3.3B, forming a $26B energy partnership that will be one of the largest natural gas producers in the U.S. The combined firm will own nearly 48,000 miles of pipeline. Comment!