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Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Sat., Sep. 19, 11:56 AM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #54. Crestwood Midstream Partners LP Inergy, L.P.

Acquirer: Crestwood Midstream Partners LP (CMLP)
Acquiree: Inergy, L.P. (NRGY)
Details: Crestwood Midstream Partners LP (NYSE:CMLP) ("Crestwood Midstream") and Crestwood Holdings LLC ("Crestwood Holdings" and, together with Crestwood Midstream, "Crestwood") and Inergy, L.P. (NYSE: NRGY) ("Inergy L.P.") and Inergy Midstream, L.P. (NYSE: NRGM) ("Inergy Midstream" and, together with Inergy L.P., "Inergy") today announced that Crestwood's unitholders have overwhelmingly voted to approve the proposed merger of Crestwood and Inergy. The combination will create a fully integrated midstream partnership with a total enterprise value of approximately $8 billion.

Crestwood Midstream Partners is a limited partnership that develops, acquires, owns and operates primarily fee-based assets and operations within the energy midstream sector. Co. has three segments: gathering and processing, which provides natural gas gathering, processing, treating and compression services in unconventional shale plays in West Virginia, Wyoming, Texas, Arkansas, New Mexico and Louisiana; natural gas liquid (NGL) and crude services, which includes its crude oil rail terminals, the Arrow gathering system, a NGL storage facility, and operations of its US Salt, LLC subsidiary; and storage and transportation, which consists of its natural gas storage and transportation assets.

Open the CMLP Page at The Online Investor »

Crestwood Midstream Partners is a limited partnership that develops, acquires, owns and operates primarily fee-based assets and operations within the energy midstream sector. Co. has three segments: gathering and processing, which provides natural gas gathering, processing, treating and compression services in unconventional shale plays in West Virginia, Wyoming, Texas, Arkansas, New Mexico and Louisiana; natural gas liquid (NGL) and crude services, which includes its crude oil rail terminals, the Arrow gathering system, a NGL storage facility, and operations of its US Salt, LLC subsidiary; and storage and transportation, which consists of its natural gas storage and transportation assets.

Open the NRGY Page at The Online Investor »

Company Name: 
Crestwood Midstream Partners LP (New)
Website: 
www.crestwoodlp.com
Sector: 
Oil & Gas Equipment & Services
Company Name: 
Crestwood Equity Partners LP
Stock buyback: 
NRGY buyback
Website: 
www.inergylp.com
Sector: 
Oil & Gas Equipment & Services
 

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