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Regency Energy Partners LP Acquires PVR Partners for $5.6 Billion


Thursday, 10 Oct 2013 08:00am EDT 

Regency Energy Partners LP and PVR Partners, L.P. announced that their respective boards of directors have unanimously approved a definitive merger agreement, pursuant to which Regency will acquire PVR. This acquisition will be a unit-for-unit transaction plus a one-time cash payment to PVR unitholders that collectively imply a value for PVR of approximately $5.6 billion, including the assumption of net debt of $1.8 billion. The transaction is expected to close in the first quarter of 2014. 

Company Quote

23.78
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5 Mar 2015