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Stock Market & Financial Investment News

News Breaks
February 28, 2013
06:21 EDTRGP, ETE, ETPRegency Energy Partners to host conference call
Conference call to discuss the acquisition of Southern Union Gathering Company, LLC, from Southern Union Company, a jointly owned affiliate of Energy Transfer Equity, L.P. and Energy Transfer Partners, L.P will be held on February 28 at 10 am. Webcast Link
News For RGP;ETE;ETP From The Last 14 Days
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August 29, 2014
09:26 EDTETPEnergy Transfer Partners, Susser Holdings announce completion of merger
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August 28, 2014
12:55 EDTETPSusser Holdings shareholders approve merger with Energy Transfer Partners
Susser Holdings (SUSS) and Energy Transfer Partners (ETP) are pleased to announce that Susser Holdings' stockholders voted to approve the proposed merger with ETP at the special meeting of Susser stockholders. Approximately 99% of the shares voted at the meeting voted in favor of the adoption of the merger agreement, which represented approximately 77% of Susser's total outstanding shares of common stock as of the July 22 record date for the special meeting.
August 26, 2014
08:03 EDTETPSusser, Energy Transfer Partners report preliminary merger consideration results
Susser Holdings (SUSS) and Energy Transfer Partners (ETP) announced the preliminary results of the elections made by Susser common stockholders regarding their preference as to the form of merger consideration to be received in Energy Transfer Partnersí pending acquisition of Susser. As previously announced on April 28, 2014, Susser Holdings Corporation entered into an Agreement and Plan of Merger with Energy Transfer Partners, L.P. and certain other parties thereto. Pursuant to the merger agreement, Susser stockholders were entitled to elect to receive, (i) a combination of $40.125 in cash and 0.7253 of an ETP common unit, (ii) $80.25 in cash (iii) 1.4506 ETP common units, for each share of Susser common stock they own immediately prior to the merger. The deadline for making this election was 5:00 p.m. Eastern Time on August 25, 2014. Based on available information as of the Election Deadline, the preliminary merger consideration election results are as follows: Holders of approximately 7% of the outstanding shares of Susser common stock, or 1,489,061 shares of common stock, elected the standard mix of consideration; Holders of approximately 1% of the outstanding shares of Susser common stock, or 264,840 shares of common stock, made a cash election; and Holders of approximately 85% of the outstanding shares of Susser common stock, or 18,576,197 shares of common stock, made a unit election. Holders of approximately 7% of the outstanding shares of Susser common stock, or 1,464,477 shares of common stock, failed to make a valid election prior to the Election Deadline and therefore are deemed to have elected the standard mix of consideration.

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