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Stock Market & Financial Investment News

News Breaks
July 1, 2014
09:27 EDTEROC, RGP, ETERegency closes on acquisition of Eagle Rock Energy midstream business
Regency Energy Partners (RGP) announced that it has closed on its previously announced acquisition of the midstream business of Eagle Rock Energy (EROC) for a combination of cash, Regency common units and assumption of indebtedness. Regency issued approximately 8.2M Regency common units to Eagle Rock and assumed approximately $500M of outstanding Eagle Rock senior notes and exchanged those notes into Regency senior notes. Regency will fund the cash consideration with proceeds from a $400M private placement of Regency common units to a subsidiary of Energy Transfer Equity (ETE), the owner of Regency’s general partner, and borrowings under Regency’s revolving credit facility.
News For RGP;EROC;ETE From The Last 14 Days
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May 22, 2015
12:18 EDTEROCVanguard Natural to hold a conference call
Conference call to discuss the acquisition of Eagle Rock Energy Partners for ~$614M will be held on May 26 at 11 am. Webcast Link
09:25 EDTEROCOn The Fly: Pre-market Movers
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May 21, 2015
17:44 EDTEROCVanguard Natural to acquire Eagle Rock Energy for about $614M
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17:40 EDTEROCVanguard Natural to acquire Eagle Rock Energy for about $614M
May 19, 2015
09:58 EDTETEOn The Fly: Analyst Initiation Summary
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May 18, 2015
16:26 EDTETEEnergy Transfer Equity initiated with a Buy at Deutsche Bank
Target $95.
May 15, 2015
10:55 EDTETEJANA Partners gives quarterly update on stakes
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