magellan midstream partners
Transactions by MAGELLAN MIDSTREAM PARTNERS (MMP) in the last 6 months
Magellan Midstream Partners (NYSE: MMP) entered into a definitive agreement to acquire the remaining 50% stake in 40-mile crude oil pipeline system in the Houston Gulf Coast area from BridgeTex Pipeline Company, LLC for $75 million on November 6, 2014. The transaction is subject to customary closing conditions including Occidental Petroleum Corporation (NYSE: OXY) selling its 50% interest in BridgeTex Pipeline Company, LLC to Plains All American Pipeline, L.P. (NYSE: ...
Delek Logistics Partners, LP (NYSE:DKL) acquired a set of logistics assets from Magellan Midstream Partners, L.P. (NYSE:MMP) for $10 million in cash on October 1, 2014. The transaction was financed by cash on hand and borrowings under Delek Logistics’ revolving credit facility. Chris Hodges of Alpha IR Group acted as public relations advisor for Delek Logistics Partners, LP.
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