May 28 Propylene producer PetroLogistics LP said it will be taken private by a unit of Koch Industries Inc in a deal worth $2.1 billion, including debt.
Flint Hills Resources LLC will pay $14.00 per in cash for each PetroLogistics unit, except for units owned by a few select investors.
Flint Hills will pay $12.00 per unit in cash for the units owned by Lindsay Goldberg LLC, York Capital Management, PetroLogistics' executive chairman and its president and chief executive officer.
PetroLogistics's units closed at $12.93 Tuesday on the New York Stock Exchange. (Reporting by Swetha Gopinath in Bangalore; Editing by Savio D'Souza)
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.