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Stock Market & Financial Investment News

News Breaks
February 22, 2013
09:17 EDTPAA, MMPPlains All American to sell non-core assets to Magellan Midstream for $190M
Plains All American Pipeline (PAA) announced that it signed a definitive agreement to sell non-core refined product pipelines and related assets in the Rocky Mountain and New Mexico areas to Magellan Midstream Partners (MMP) for approximately $190M. The transaction is expected to close during the second quarter of this year, subject to the satisfaction of customary closing conditions. The assets to be sold include a pipeline system that delivers refined products throughout Wyoming, South Dakota and Colorado and associated tankage, as well as a pipeline system that delivers refined products from El Paso, Texas to Albuquerque, N.M. and Juarez, Mexico.
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August 21, 2014
10:58 EDTPAAPlains All American announces pipeline construction plans
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