Energy Transfer Partners to Become Second-Largest MLP in $18 Billion Acquisition
Energy Transfer Partners (ticker: ETP) and Regency Energy Partners (ticker: RGP) announced plans for a definitive merger in a joint press release issued on January 26, 2015. The proposal consists of a unit-for-unit transaction with an implied value of approximately $18 billion, including the assumption of $6.8 billion in debt from RGP. Both Master Limited Partnerships (MLPs) are among the