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Slide #11. Regency Energy Partners — PVR Partners
Acquirer:
Regency Energy Partners (RGP)
Acquiree:
PVR Partners (PVR)
Details:
Regency Energy Partners LP (NYSE:,RGP) and PVR Partners, L.P. (NYSE:PVR) today closed Regency's previously announced acquisition of PVR. Regency acquired all of PVR's outstanding units for a total purchase price of approximately $5.6 billion (based on Regency's closing price of $26.70 per unit on March 20, 2014), including approximately $1.8 billion of assumed debt. In the merger, PVR unitholders received (on a per unit basis) 1.020 Regency common units and a one-time cash payment of $0.262 per unit (representing the difference between PVR's annualized quarterly distribution immediately prior to the merger and 1.020 times Regency's annualized quarter distribution immediately prior to the merger).
Resources Connection is a consulting firm focused on project execution services for clients' operational needs. Co. serves its clients in a range of functional areas, including: transactions, which includes integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization and system implementation; regulations, which includes accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance and regulatory compliance; and transformations, which includes finance transformation, digital transformation, supply chain management, cloud migration and data design and analytics.
RGP SEC Filing Email Alerts Service
Open the RGP Page at The Online Investor »
Resources Connection is a consulting firm focused on project execution services for clients' operational needs. Co. serves its clients in a range of functional areas, including: transactions, which includes integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization and system implementation; regulations, which includes accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance and regulatory compliance; and transformations, which includes finance transformation, digital transformation, supply chain management, cloud migration and data design and analytics.
RGP SEC Filing Email Alerts Service
Open the PVR Page at The Online Investor »
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