Friday, April 29, 2011

EPD To Buy Rest of Duncan Energy Partners

Link here.

Some data points:
  • Duncan had been formed by EPD in September, 2006
  • Will add about 9,400 miles of gas pipelines to EPD's 50,200 miles of current gas pipeline infrastructure
  • Co-founder of Duncan Energy (DEP) dies about one year ago
  • Expected to close by 3Q11
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