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Stock Market & Financial Investment News

News Breaks
July 10, 2014
16:43 EDTNGL, TLPNGL Energy Partners offer to acquire outstanding units of Transmontaigne
NGL Energy Partners (NGL) announced that it has submitted a non-binding proposal to the conflicts committee of the board of TransMontaigne, the general partner of TransMontaigne Partners (TLP), in which each outstanding common unit of TLP would be exchanged for one common unit of NGL. The proposed transaction is subject to the negotiation and execution of a definitive agreement, the approval of the TransMontaigne board and its conflicts committee and any requisite unitholder approval under applicable law.
News For NGL;TLP From The Last 14 Days
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July 24, 2014
15:13 EDTNGLNGL Energy Partners raises quarterly cash distribution 6.8%
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July 17, 2014
09:06 EDTNGLNGL Energy Partners 3.47M share Block Trade priced at $42.37
The deal range was $41.71-$42.37. UBS acted as sole book running manager for the offering.
July 16, 2014
08:25 EDTTLPTransmontaigne Partners increases quarterly dividend to 66.5c per share
TransMontaigne Partners declared a distribution of 66.5c per unit for the period from April 1 through June 30, representing a 0.5c increase over the previous quarter. This distribution is payable on August 7 to unitholders of record on July 31.

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