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QEP Resources announces agreement to sell membership interests in Green River Processing to QEP Midstream Partners for $230 mln

Wednesday, 7 May 2014 04:20pm EDT 

QEP Resources Inc:Enters into a purchase and sale agreement with QEP Midstream Partners LP pursuant to which the partnership will acquire 40 pct of the outstanding membership interest in Green River Processing LLC, a wholly owned subsidiary of QEP, for $230 million in cash.Transaction is expected to close on or about July 1, 2014, subject to customary closing conditions. 

Company Quote

0.19 +0.98%
26 Dec 2014