Energy Transfer Partners entered into a definitive merger agreement with Dallas-based Regency Energy Partners in a deal worth approximately USD 11 billion after assumption of debt. Regency shareholders will receive approximately 0.4 units of Energy Transfer stock and a cash payment of USD 0.32 per Regency unit. The transaction is expected to close in the second quarter of the year.
Don't miss out on the latest technology delivered to your email weekly. Sign up for the JPT newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.