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Stock Market & Financial Investment News

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August 19, 2012
12:27 EDTNRGY, SPHInergy declares distribution of suburban propane units to unitholders
Inergy (NRGY) (Inergy) announced that its board has set the record date and distribution date for the distribution to Inergy unitholders of 14,058,418 of the common units of Suburban Propane Partners(SPH) held by Inergy. Inergy received, as partial consideration for the contribution of its retail propane operations to SPH, approximately 14.2Mon SPH common units. Under terms of the contribution agreement, Inergy agreed to distribute on a pro rata basis approximately 14.1 million of the SPH common units to the Inergy unitholders. The board has declared a record date of August 29, for the distribution of the SPH units. Holders of Inergy limited partner interests on the record date are not required to take any action in order to receive SPH common units in the distribution.
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June 19, 2013
17:24 EDTNRGYCrestwood Gas Services Holdings reports 21.0% stake in Inergy, L.P.
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