March 27, 2018 / 1:31 AM / a month ago

BRIEF-Tallgrass Energy GP To Acquire Tallgrass Energy Partners

March 26 (Reuters) - Tallgrass Energy Partners Lp:

* TALLGRASS ENERGY ANNOUNCES AGREEMENT FOR TALLGRASS ENERGY GP TO ACQUIRE TALLGRASS ENERGY PARTNERS; ANNOUNCES INCREASED QUARTERLY DISTRIBUTIONS AT TEGP AND TEP

* TALLGRASS ENERGY PARTNERS -‍TEP PUBLIC UNITHOLDERS WILL RECEIVE 2.0 TEGP CLASS A SHARES FOR EACH OUTSTANDING TEP COMMON UNIT​

* ‍ PROPOSED TRANSACTION WILL BE ACCRETIVE TO TEGP SHAREHOLDERS AND TEP UNITHOLDERS​

* TALLGRASS ENERGY PARTNERS -AFTER TRANSACTION TEGP WILL CHANGE NAME TO TALLGRASS ENERGY, LP; WILL TRADE ON NEW YORK STOCK EXCHANGE UNDER TICKER SYMBOL “TGE”​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below