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Energy Transfer to buy Regency Energy in $18 billion deal

2015-01-26 18:20:57| Energy - Topix.net

Energy Transfer Partners LP agreed to buy all the publicly traded units in Regency Energy Partners LP, a pipeline company that it controls, in a deal that values the target at about $18 billion including debt. The cash-and-stock deal offers Regency investors $26.89 a unit, a 13 percent premium based on the Jan. 23 closing price, the companies said in a joint statement today.

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