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Regency Energy Partners LP closes on acquisition of Midstream Business of Hoover Energy

Monday, 3 Feb 2014 04:30pm EST 

Regency Energy Partners LP:Says that it has closed on its previously announced acquisition of the midstream business of Hoover Energy Partners LP (Hoover) for a combination of cash and Regency common units.Regency issued 4,040,471 Regency common units to Hoover and funded the cash portion of the consideration with borrowings under Regency's revolving credit facility. 

Company Quote

-0.41 -1.35%
31 Oct 2014