ArcLight Capital Partners Completes Acquisition of American Midstream Partners
ArcLight Capital Partners completed its acquisition of American Midstream Partners for $440 million. PNC Capital Markets LLC served as financial advisor to American Midstream Partners in the transaction.
Source Intelligence
ArcLight to take full ownership in American Midstream. After completion of the merger, American Midstream Partners will become a fully-owned subsidiary of the ArcLight and its common units, which are trading under the name AMID, will be delisted from New York Stock Exchange.
"American Midstream agrees to $5.25 per share buyout by ArcLight"
"American Midstream agrees to $5.25 per share buyout by ArcLight"
"another of its affiliate – Magnolia Infrastructure (AMID Acquisition) proposed to buyout American Midstream Partners at $6.10 per share in an all-cash deal."
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