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Inergy, L.P. Message Board

  • rrb1981 rrb1981 Jul 16, 2012 11:01 AM Flag

    Tender more or less complete

    Looks like SPH has received the appropriate participation in the exchange.

    This means, barring any other issues, the NRGY/SPH transaction should be consumated.

    SPH had to sweeten the offer with a .5% increase but it looks like it was enough.

    The completion of this transaction should be worth another $1 or $2 boost at NRGY.

    Now we need an accretive acquisition at NRGM in the near term to go along with the pipeline project.

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