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Crestwood to buy Arrow Midstream to expand in Bakken

Oct 10 (Reuters) - Crestwood Midstream Partners LP said it would acquire privately held Arrow Midstream Holdings LLC for $750 million to tap demand for pipeline and storage services in North America's fast-developing Bakken shale field.

The deal is expected to add to Crestwood's estimated distributable cash flow per limited partner unit in 2014, the company said.