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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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October 24, 2014
07:05 EDTNGLNGL Energy Partners increases quarterly dividend to 60.88c per share
NGL Energy Partners LP announced that the Board of Directors of its general partner declared a quarterly distribution of 60.88c per unit, or $2.435 on an annualized basis, for the quarter ended September 30, 2014. This distribution represents a 3.4% increase over the prior quarterly distribution of 58.88c per unit and a 19.1% increase over the distribution paid in November 2013. This distribution is payable on November 14, 2014, to unitholders of record as of the close of business on November 4, 2014. This is the twelfth consecutive quarter NGL has increased its cash distribution since its public offering in May 2011.
October 20, 2014
16:39 EDTTLPTransmontaigne Partners CEO Dunlap to retire, Frederick Boutin to succeed
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