News: Inergy LP (NRGY.N)

NRGY.N on New York Stock Exchange

15.18USD
10:44am EDT
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Mon, May 6 2013

UPDATE 2-Inergy, Crestwood to merge to form $7 bln firm to tap shale boom

* Combined entity to have enterprise value of about $7 bln

BRIEF-Inergy shares up following deal with Crestwood Midstream Partners

NEW YORK, May 6 - Inergy LP : * Shares up 4.3 percent in premarket trade following deal with Crestwood

Pipeline operator Crestwood to acquire control of Inergy

May 6 - Pipeline operator Crestwood Midstream Partners LP will acquire control of Inergy LP to form an entity with an enterprise value of about $7 billion, the companies said.

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